Ayala Pharmaceuticals (NASDAQ:ADXS) Shares Up 32.1% – Here’s What Happened

Ayala Pharmaceuticals, Inc. (NASDAQ:ADXSGet Free Report)’s share price traded up 32.1% on Wednesday . The stock traded as high as $0.65 and last traded at $0.6365. 33,313 shares changed hands during mid-day trading, an increase of 139% from the average session volume of 13,938 shares. The stock had previously closed at $0.4820.

Ayala Pharmaceuticals Stock Up 32.1%

The stock has a fifty day simple moving average of $0.18 and a 200 day simple moving average of $0.10. The firm has a market capitalization of $37.75 million, a P/E ratio of -0.08 and a beta of 1.31.

Ayala Pharmaceuticals Company Profile

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Ayala Pharmaceuticals is a clinical-stage biotechnology company focused on the development of innovative immunotherapies for cancer. The company’s core technology leverages a proprietary attenuated Listeria monocytogenes–based platform to deliver tumor-associated antigens directly to antigen-presenting cells, stimulating potent T-cell responses. By harnessing the body’s own immune system, Ayala aims to achieve durable anti-tumor activity while maintaining a favorable safety profile.

The company’s pipeline comprises several lead candidates targeting a variety of solid tumors.

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