Neoleukin Therapeutics (NASDAQ:NLTX) Reaches New 12-Month High – Still a Buy?

Neoleukin Therapeutics, Inc. (NASDAQ:NLTXGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $65.64 and last traded at $64.40, with a volume of 337436 shares trading hands. The stock had previously closed at $66.00.

Neoleukin Therapeutics Stock Performance

The stock’s 50 day simple moving average is $44.55 and its 200 day simple moving average is $39.09. The firm has a market cap of $653.16 million, a PE ratio of -20.55 and a beta of 1.11.

About Neoleukin Therapeutics

(Get Free Report)

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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