XOMA (NASDAQ:XOMAO) Trading 0.1% Higher – Still a Buy?

XOMA Co. (NASDAQ:XOMAOGet Free Report)’s share price was up 0.1% during trading on Friday . The stock traded as high as $25.40 and last traded at $25.40. Approximately 2,846 shares changed hands during trading, a decline of 5% from the average daily volume of 3,004 shares. The stock had previously closed at $25.38.

XOMA Price Performance

The company’s 50-day simple moving average is $25.39 and its 200-day simple moving average is $25.41.

XOMA Company Profile

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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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