Matinas Biopharma (NYSEAMERICAN:MTNB) Trading Up 3.9% – What’s Next?

Shares of Matinas Biopharma Holdings, Inc. (NYSEAMERICAN:MTNBGet Free Report) shot up 3.9% on Thursday . The company traded as high as $0.90 and last traded at $0.84. 15,371 shares were traded during trading, a decline of 22% from the average session volume of 19,680 shares. The stock had previously closed at $0.8081.

Matinas Biopharma Price Performance

The firm has a market capitalization of $5.29 million, a P/E ratio of -0.24 and a beta of 1.45. The stock’s fifty day simple moving average is $1.57 and its 200 day simple moving average is $1.28.

Matinas Biopharma (NYSEAMERICAN:MTNBGet Free Report) last issued its quarterly earnings results on Monday, November 10th. The company reported ($0.40) earnings per share (EPS) for the quarter.

Matinas Biopharma Company Profile

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Matinas BioPharma Holdings, Inc is a clinical-stage biopharmaceutical company. It engages in the business of delivering groundbreaking therapies using lipid nanocrystal platform delivery technology to maximize global clinical impact and patient access. The company was founded by Herbert J. Conrad and Jerome D.

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