StockNews.com Initiates Coverage on Ayala Pharmaceuticals (NASDAQ:ADXS)

StockNews.com started coverage on shares of Ayala Pharmaceuticals (NASDAQ:ADXS) in a research note published on Thursday. The firm issued a sell rating on the stock.

Ayala Pharmaceuticals Price Performance

ADXS stock opened at $0.03 on Thursday. Ayala Pharmaceuticals has a 52 week low of $0.00 and a 52 week high of $1.49. The firm has a 50-day simple moving average of $0.03 and a 200-day simple moving average of $0.04. The stock has a market capitalization of $1.22 million, a P/E ratio of 0.00 and a beta of 1.63.

Ayala Pharmaceuticals Company Profile

Ayala Pharmaceuticals, Inc, a clinical-stage oncology company, primarily focuses on developing and commercializing small molecule therapeutics for people living with rare tumors and aggressive cancers. The company's lead candidates under development include AL102, an oral gamma secretase inhibitor for desmoid tumors; and aspacytarabine (BST-236), a novel proprietary anti-metabolite for first line treatment in unfit acute myeloid leukemia.