Neoleukin Therapeutics (NASDAQ:NLTX) Sets New 1-Year High – Here’s What Happened

Neoleukin Therapeutics, Inc. (NASDAQ:NLTXGet Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $74.49 and last traded at $71.53, with a volume of 315873 shares traded. The stock had previously closed at $68.21.

Neoleukin Therapeutics Stock Down 0.9 %

The business’s 50 day simple moving average is $47.15 and its 200 day simple moving average is $40.24. The stock has a market cap of $372.72 million, a price-to-earnings ratio of -12.86 and a beta of 1.11.

About Neoleukin Therapeutics

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Neoleukin Therapeutics, Inc, a biopharmaceutical company, develops immunotherapies for cancer, inflammation, and autoimmunity disorders using protein design technology. The company's lead product candidate is NL-201, a de novo protein designed to mimic the therapeutic activity of the cytokines interleukin (IL)-2/IL-15 for the treatment of various types of cancer, including renal cell carcinoma and melanoma.

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