Anbio Biotechnology (NASDAQ:NNNN) Reaches New 12-Month Low – Here’s What Happened

Shares of Anbio Biotechnology (NASDAQ:NNNNGet Free Report) reached a new 52-week low on Thursday . The company traded as low as $6.55 and last traded at $6.51, with a volume of 64932 shares trading hands. The stock had previously closed at $6.85.

Analysts Set New Price Targets

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

View Our Latest Research Report on Anbio Biotechnology

Anbio Biotechnology Price Performance

The firm’s 50-day simple moving average is $9.64 and its two-hundred day simple moving average is $19.41.

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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