XOMA Co. (NASDAQ:XOMAO – Get Free Report) shares dropped 0.3% on Monday . The company traded as low as $25.31 and last traded at $25.39. Approximately 6,039 shares changed hands during mid-day trading, an increase of 63% from the average daily volume of 3,709 shares. The stock had previously closed at $25.47.
XOMA Stock Performance
The business has a 50 day simple moving average of $25.53 and a 200-day simple moving average of $25.33.
About XOMA
XOMA Corporation operates as a biotech royalty aggregator in the United States and the Asia Pacific. It has a portfolio of economic rights to future potential milestone and royalty payments associated with partnered commercial and pre-commercial therapeutic candidates. The company also focuses on early to mid-stage clinical assets primarily in Phase 1 and 2 with commercial sales potential that are licensed to partners; and acquires milestone and royalty revenue streams on late-stage clinical or commercial assets.
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