Molecular Partners (NASDAQ:MOLN) Stock Price Down 0.2% – Here’s What Happened

Molecular Partners AG (NASDAQ:MOLNGet Free Report)’s stock price traded down 0.2% during trading on Wednesday . The stock traded as low as $4.89 and last traded at $5.03. 1,564 shares were traded during trading, a decline of 71% from the average session volume of 5,427 shares. The stock had previously closed at $5.04.

Molecular Partners Stock Performance

The company has a market cap of $206.04 million, a price-to-earnings ratio of -2.37 and a beta of 1.06. The stock’s fifty day moving average is $5.31 and its two-hundred day moving average is $5.60.

About Molecular Partners

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Molecular Partners AG, a clinical-stage biotechnology company, develops designed ankyrin repeat proteins therapeutics for the treatment of oncology and virology diseases in Switzerland. The company develops MP0317, a CD40 agonist designed to activate immune cells within the tumor microenvironment by anchoring to fibroblast activation protein that is in Phase I clinical trial; and MP0533, a novel tetra-specific T cell-engaging DARPin for acute myeloid leukemia.

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