Anbio Biotechnology (NASDAQ:NNNN) Sets New 1-Year Low – Here’s Why

Anbio Biotechnology (NASDAQ:NNNNGet Free Report)’s share price hit a new 52-week low on Tuesday . The company traded as low as $7.08 and last traded at $8.48, with a volume of 1287768 shares traded. The stock had previously closed at $8.74.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut Anbio Biotechnology from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, July 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Read Our Latest Report on NNNN

Anbio Biotechnology Price Performance

The stock has a 50-day moving average price of $11.73 and a 200 day moving average price of $20.84.

Anbio Biotechnology Company Profile

(Get Free Report)

Anbio Biotechnology is dedicated to the advancement of medical technology and the provision of in vitro diagnostics (IVD) products. Our unwavering commitment lies in transforming the diagnostics landscape on a global scale, fostering a paradigm shift towards personalized and decentralized diagnostic solutions. By doing so, we aim to significantly enhance patient prognosis and contribute to the betterment of healthcare worldwide. At Anbio Biotechnology, our extensive portfolio comprises an array of IVD products designed to cater to diverse diagnostic needs.

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