Moleculin Biotech (NASDAQ:MBRX) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Moleculin Biotech (NASDAQ:MBRXGet Free Report) in a note issued to investors on Monday. The firm set a “sell” rating on the stock.

Separately, Maxim Group downgraded shares of Moleculin Biotech from a “buy” rating to a “hold” rating in a research note on Wednesday, February 12th.

Get Our Latest Stock Analysis on Moleculin Biotech

Moleculin Biotech Price Performance

Shares of NASDAQ:MBRX opened at $1.96 on Monday. Moleculin Biotech has a 1-year low of $0.40 and a 1-year high of $10.35. The business’s 50 day moving average is $1.68 and its 200-day moving average is $2.22.

About Moleculin Biotech

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Moleculin Biotech, Inc, a clinical stage pharmaceutical company, focuses on the development of drug candidates for the treatment of cancers and viruses. Its lead drug candidate is Annamycin, which is in Phase 1B/2 clinical trials for the treatment of relapsed or refractory acute myeloid leukemia (AML) and soft tissue sarcoma metastasized to the lungs.

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