Matinas Biopharma (NYSE:MTNB) Trading Down 1.8% – Should You Sell?

Matinas Biopharma Holdings, Inc. (NYSE:MTNBGet Free Report) shares traded down 1.8% during trading on Tuesday . The company traded as low as $1.60 and last traded at $1.64. 39,199 shares traded hands during trading, a decline of 91% from the average session volume of 424,500 shares. The stock had previously closed at $1.67.

Matinas Biopharma Trading Down 1.8%

The business’s fifty day simple moving average is $1.33 and its 200 day simple moving average is $0.91. The stock has a market cap of $8.34 million, a price-to-earnings ratio of -0.34 and a beta of 1.40.

Matinas Biopharma Company Profile

(Get Free Report)

Matinas BioPharma Holdings, Inc is a clinical-stage biopharmaceutical company. It engages in the business of delivering groundbreaking therapies using lipid nanocrystal platform delivery technology to maximize global clinical impact and patient access. The company was founded by Herbert J. Conrad and Jerome D.

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