XOMA (NASDAQ:XOMAO) Shares Up 0.6% – Still a Buy?

Shares of XOMA Co. (NASDAQ:XOMAOGet Free Report) rose 0.6% during mid-day trading on Wednesday . The company traded as high as $25.41 and last traded at $25.45. Approximately 6,056 shares were traded during mid-day trading, an increase of 40% from the average daily volume of 4,328 shares. The stock had previously closed at $25.29.

XOMA Price Performance

The business has a 50 day moving average price of $25.42 and a two-hundred day moving average price of $25.44.

About XOMA

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XOMA Corporation is a clinical-stage biotechnology company specializing in the discovery and development of therapeutic antibodies. The company applies its proprietary protein engineering and antibody optimization platform to generate novel drug candidates targeting autoimmune, inflammatory and metabolic diseases. XOMA’s scientific expertise spans antibody discovery, engineering, in vitro and in vivo testing, and early‐stage clinical development.

In addition to advancing its own pipeline of antibody candidates, XOMA collaborates with pharmaceutical and biotechnology partners to provide research and development services.

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