Akari Therapeutics (NASDAQ:AKTX) Now Covered by StockNews.com
by Doug Wharley · The Cerbat GemAnalysts at StockNews.com assumed coverage on shares of Akari Therapeutics (NASDAQ:AKTX – Get Free Report) in a note issued to investors on Saturday. The brokerage set a “sell” rating on the biopharmaceutical company’s stock.
Akari Therapeutics Stock Performance
Shares of NASDAQ AKTX opened at $0.97 on Friday. Akari Therapeutics has a 52-week low of $0.90 and a 52-week high of $4.40. The firm has a 50 day moving average price of $1.63 and a 200 day moving average price of $2.72.
About Akari Therapeutics
Akari Therapeutics, Plc, a clinical-stage biopharmaceutical company, focuses on developing advanced therapies for autoimmune and inflammatory diseases. Its lead product candidate is nomacopan, a second-generation complement inhibitor that prevents inflammatory and prothrombotic activities, including paroxysmal nocturnal hemoglobinuria, Guillain-Barré syndrome, hematopoietic stem cell transplant-associated thrombotic microangiopathy, and bullous pemphigoid, as well as pre-clinical program developing long-acting PASylated-nomacopan for treatment of geographic atrophy secondary to dry age-related macular degeneration.
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