ValuEngine Lowers Cohbar (CWBR) to Sell
Cohbar (OTCMKTS:CWBR) was downgraded by stock analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Friday.
Cohbar (OTCMKTS:CWBR) traded down $0.16 during midday trading on Friday, hitting $4.60. 22,976 shares of the stock traded hands, compared to its average volume of 50,842. Cohbar has a 12-month low of $1.60 and a 12-month high of $7.60.
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CohBar, Inc, a biotechnology company, engages in the research and development of mitochondria based therapeutics (MBTs) to treat various diseases associated with aging and metabolic dysfunction. Its lead MBT drug candidates include CB4209 and CB4211, which are in IND-enabling studies for the treatment of fatty liver disease, non-alcoholic steatohepatitis, obesity, and type 2 diabetes mellitus.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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