Shares of GT Biopharma, Inc. (NASDAQ:GTBP – Get Free Report) traded down 13.4% during mid-day trading on Friday . The company traded as low as $3.21 and last traded at $3.25. 10,336 shares changed hands during mid-day trading, a decline of 12% from the average session volume of 11,686 shares. The stock had previously closed at $3.75.
GT Biopharma Stock Performance
The company has a market cap of $4.49 million, a price-to-earnings ratio of -0.36 and a beta of 0.59. The business’s 50 day simple moving average is $4.21 and its 200-day simple moving average is $5.95.
GT Biopharma Company Profile
GT Biopharma, Inc, a clinical stage biopharmaceutical company, focuses on the development and commercialization of immuno-oncology products based on its proprietary Tri-specific Killer Engager (TriKE) fusion protein immune cell engager technology platform. It develops GTB-3550, a single-chain tri-specific recombinant fusion protein conjugate that is in Phase I clinical trial for the treatment of myelodysplastic syndromes, refractory/relapsed acute myeloid leukemia or advanced systemic mastocytosis, and CD33+ malignancies.
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