TransCode Therapeutics (NASDAQ:RNAZ) Stock Price Down 2.4% – Here’s What Happened

TransCode Therapeutics Inc. (NASDAQ:RNAZGet Free Report) was down 2.4% during mid-day trading on Monday . The company traded as low as $1.65 and last traded at $1.65. Approximately 20,405 shares changed hands during trading, a decline of 76% from the average daily volume of 85,972 shares. The stock had previously closed at $1.69.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of TransCode Therapeutics in a report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, TransCode Therapeutics has a consensus rating of “Sell”.

View Our Latest Stock Report on RNAZ

TransCode Therapeutics Price Performance

The stock has a market capitalization of $28.24 million, a PE ratio of -0.03 and a beta of 1.16. The business has a 50 day moving average price of $4.42 and a 200 day moving average price of $6.44.

TransCode Therapeutics (NASDAQ:RNAZGet Free Report) last posted its quarterly earnings results on Friday, August 14th. The company reported ($7.17) earnings per share (EPS) for the quarter.

TransCode Therapeutics Company Profile

(Get Free Report)

TransCode Therapeutics, Inc, a ribonucleic acid (RNA) oncology company, focuses on the development and commercialization of drugs and diagnostics for treating and identifying various cancers. Its lead therapeutic candidate is TTX-MC138 that targets microRNA-10b, a master regulator of metastatic cell viability in a range of cancers, including breast, pancreatic, ovarian, colon cancer, glioblastomas, and others. The company is also developing TTX-siPDL1, an siRNA-based modulator of programmed death-ligand 1; and TTX-siLIN28B, an siRNA-based inhibitor of RNA-binding protein LIN28B.

Further Reading

Receive News & Ratings for TransCode Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransCode Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.