Vaccinex (NASDAQ:VCNX) Stock Price Down 16.2% – What’s Next?

Vaccinex, Inc. (NASDAQ:VCNXGet Free Report)’s share price dropped 16.2% on Monday . The stock traded as low as $0.61 and last traded at $0.62. Approximately 2,487 shares changed hands during mid-day trading, a decline of 12% from the average daily volume of 2,818 shares. The stock had previously closed at $0.74.

Vaccinex Stock Down 16.2%

The company has a market cap of $1.61 million, a P/E ratio of -0.01 and a beta of 1.10. The firm’s 50 day moving average is $0.66 and its two-hundred day moving average is $0.74.

Vaccinex Company Profile

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Vaccinex, Inc, a clinical-stage biotechnology company, engages in the discovery and development of targeted biotherapeutics to treat cancer, neurodegenerative diseases, and autoimmune disorders. The company's lead drug candidate, pepinemab, a humanized monoclonal antibody that binds and blocks the activity of SEMA4D.

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