Ascletis Pharma (OTCMKTS:ASCLF) Shares Down 18.9% – Should You Sell?

Shares of Ascletis Pharma Inc. (OTCMKTS:ASCLFGet Free Report) dropped 18.9% during trading on Thursday . The stock traded as low as $1.54 and last traded at $1.54. Approximately 1,000 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 2,092 shares. The stock had previously closed at $1.90.

Ascletis Pharma Trading Down 18.9%

The business’s 50-day moving average is $1.56 and its two-hundred day moving average is $1.13.

About Ascletis Pharma

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Ascletis Pharma Inc, a biotechnology company, engages in the research and development, manufacture, marketing, and sale of pharmaceutical products in Mainland China. The company offers Ritonavir tablet; and ASCLEVIR and GANOVO for the treatment of Hepatitis C virus. It is also developing ASC22 for treating CHB and HIV functional cure; ASC10 for respiratory syncytia virus; ASC10 and ASC11 to treat COVID-19; ASC40, ASC41, ASC42, ASC43F FDC for non-alcoholic steatohepatitis; and ASC42 for the treatment of primary biliary cholangitis.

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