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Oncothyreon (NASDAQ:ONTY)’s share price reached a new 52-week high during mid-day trading on Tuesday , American Banking & Market News reports. The stock traded as high as $2.81 and last traded at $2.65, with a volume of 1,741,730 shares traded. The stock had previously closed at $2.60.

The stock has a 50-day moving average of $2.02 and a 200-day moving average of $1.87. The company’s market cap is $189.2 million.

Oncothyreon Inc (NASDAQ:ONTY) is a clinical-stage biopharmaceutical company focused primarily on the development of therapeutic products for the treatment of cancer.

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