Zacks Investment Research Lowers Nanobiotix (NASDAQ:NBTX) to Hold

Nanobiotix (NASDAQ:NBTXGet Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday, reports.

According to Zacks, “Nanobiotix S.A. is a clinical-stage nanomedicine company pioneering new approaches to the treatment of cancer. The company’s proprietary technology includes NBTXR3. Nanobiotix S.A. is headquartered in Paris, France. “

NASDAQ NBTX opened at $5.01 on Friday. Nanobiotix has a twelve month low of $4.65 and a twelve month high of $18.00. The stock has a fifty day simple moving average of $6.32 and a 200-day simple moving average of $7.52.

Nanobiotix Company Profile (Get Rating)

Nanobiotix SA, a clinical-stage biotechnology, focuses on developing product candidates for the treatment of cancer. Its lead product candidate is NBTXR3, a sterile aqueous suspension of crystalline hafnium oxide nanoparticles used for the treatment of soft tissue sarcoma, head and neck cancers, liver cancers, prostate cancer, pancreatic cancer, esophageal cancer, rectal cancer, and non-small cell lung cancer.

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