Ayala Pharmaceuticals (NASDAQ:ADXS) Coverage Initiated at StockNews.com

StockNews.com initiated coverage on shares of Ayala Pharmaceuticals (NASDAQ:ADXS) in a research note released on Monday morning. The brokerage issued a sell rating on the stock.

Ayala Pharmaceuticals Stock Performance

Shares of ADXS opened at $0.03 on Monday. Ayala Pharmaceuticals has a twelve month low of $0.00 and a twelve month high of $1.49. The firm’s 50 day moving average price is $0.04 and its two-hundred day moving average price is $0.05. The firm has a market cap of $1.15 million, a P/E ratio of 0.00 and a beta of 1.62.

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.