Mosaic ImmunoEngineering (OTCMKTS:CPMV) Shares Up 11.1% – Still a Buy?

Mosaic ImmunoEngineering, Inc. (OTCMKTS:CPMVGet Free Report) shares shot up 11.1% during mid-day trading on Monday . The stock traded as high as $1.00 and last traded at $1.00. 317 shares traded hands during trading, a decline of 67% from the average session volume of 949 shares. The stock had previously closed at $0.90.

Mosaic ImmunoEngineering Stock Performance

The firm’s 50 day simple moving average is $0.92 and its 200-day simple moving average is $0.72. The company has a market cap of $7.24 million, a price-to-earnings ratio of -5.88 and a beta of 0.01.

Mosaic ImmunoEngineering (OTCMKTS:CPMVGet Free Report) last announced its earnings results on Wednesday, August 14th. The company reported ($0.04) earnings per share (EPS) for the quarter.

About Mosaic ImmunoEngineering

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Mosaic ImmunoEngineering, Inc, a development-stage biotechnology company, focuses on developing and commercializing immunomodulator platform technology for the treatment of cancer and infectious diseases in humans and for veterinary use. Its lead immunotherapy product candidate, MIE-101, a nanoparticle-based treatment derived from cowpea mosaic virus, which is non-infectious in humans and animals.

Further Reading

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