MorphoSys (OTCMKTS:MPSYF) Shares Down 8.3%

MorphoSys AG (OTCMKTS:MPSYFGet Rating)’s stock price was down 8.3% during trading on Friday . The company traded as low as $17.29 and last traded at $17.29. Approximately 3,600 shares traded hands during mid-day trading, an increase of 235% from the average daily volume of 1,075 shares. The stock had previously closed at $18.85.

MorphoSys Stock Performance

The firm’s fifty day moving average is $17.39 and its 200-day moving average is $17.75.

MorphoSys Company Profile

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MorphoSys AG operates as a commercial-stage biopharmaceutical company. It uses groundbreaking science and technologies to discover, develop, and deliver innovative cancer medicines to patients. The firm also engages in the development and commercialization of therapeutic antibodies for patients suffering from cancer and autoimmune diseases.

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