Neoleukin Therapeutics (NASDAQ:NLTX) Stock Price Down 1.8% – Here’s What Happened

Neoleukin Therapeutics, Inc. (NASDAQ:NLTXGet Free Report) shares dropped 1.8% during trading on Monday . The stock traded as low as $35.38 and last traded at $35.48. 181,388 shares changed hands during mid-day trading, an increase of 262% from the average daily volume of 50,104 shares. The stock had previously closed at $36.12.

Neoleukin Therapeutics Trading Down 1.8%

The stock’s 50 day moving average price is $36.83 and its 200 day moving average price is $29.76. The company has a market cap of $333.44 million, a price-to-earnings ratio of -11.41 and a beta of 1.11.

About Neoleukin Therapeutics

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Neoleukin Therapeutics, Inc was a clinical-stage biotechnology company focused on developing computationally designed protein therapeutics for cancer and other serious diseases. The company was headquartered in Seattle, Washington, and operated primarily in the United States.

Its lead program was NL-201, an engineered cytokine designed to mimic the activities of interleukin-2 and interleukin-15. Neoleukin investigated NL-201 as an immunotherapy intended to stimulate immune cells that can recognize and attack tumors, including in patients with advanced solid cancers.

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