NeuroBo Pharmaceuticals (NASDAQ:NRBO) Stock Price Up 1.7% – Should You Buy?

NeuroBo Pharmaceuticals, Inc. (NASDAQ:NRBOGet Free Report)’s share price rose 1.7% on Tuesday . The stock traded as high as $0.66 and last traded at $0.65. Approximately 85,989 shares were traded during trading, an increase of 117% from the average daily volume of 39,605 shares. The stock had previously closed at $0.64.

NeuroBo Pharmaceuticals Trading Up 1.7%

The company has a fifty day moving average price of $0.67 and a two-hundred day moving average price of $1.03.

About NeuroBo Pharmaceuticals

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NeuroBo Pharmaceuticals, Inc, a clinical-stage biotechnology company focuses on developing and commercializing novel pharmaceuticals to treat cardiometabolic diseases. It develops DA-1241, a novel G-Protein-Coupled Receptor 119 agonist with development optionality as a standalone and/or combination therapy that is in Phase 2a clinical trial for metabolic dysfunction-associated steatohepatitis (MASH), and has completed Phase 1 clinical trial for the treatment of type 2 diabetes mellitus (T2DM); and DA-1726, a novel oxyntomodulin analogue functioning as a GLP-1 receptor and glucagon receptor dual agonist, which is in preclinical development for the treatment of obesity.

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