Neoleukin Therapeutics (NASDAQ:NLTX) Stock Price Down 4.8% – Time to Sell?

Neoleukin Therapeutics, Inc. (NASDAQ:NLTXGet Free Report) shares were down 4.8% on Monday . The stock traded as low as $21.50 and last traded at $21.83. Approximately 224,694 shares were traded during trading, an increase of 348% from the average daily volume of 50,104 shares. The stock had previously closed at $22.92.

Neoleukin Therapeutics Stock Performance

The stock has a fifty day simple moving average of $14.67 and a two-hundred day simple moving average of $17.59. The stock has a market capitalization of $205.16 million, a price-to-earnings ratio of -7.02 and a beta of 1.11.

Neoleukin Therapeutics Company Profile

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Neoleukin Therapeutics, Inc, a biopharmaceutical company, develops immunotherapies for cancer, inflammation, and autoimmunity disorders using protein design technology. The company's lead product candidate is NL-201, a de novo protein designed to mimic the therapeutic activity of the cytokines interleukin (IL)-2/IL-15 for the treatment of various types of cancer, including renal cell carcinoma and melanoma.

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