Molecular Partners (OTCMKTS:MLLCF) Shares Up 15.3% – Time to Buy?

Molecular Partners AG (OTCMKTS:MLLCFGet Free Report) was up 15.3% during trading on Monday . The company traded as high as $4.15 and last traded at $4.15. Approximately 100 shares changed hands during trading, a decline of 89% from the average daily volume of 900 shares. The stock had previously closed at $3.60.

Molecular Partners Price Performance

The business’s 50-day simple moving average is $3.57 and its two-hundred day simple moving average is $3.92.

About Molecular Partners

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Molecular Partners AG operates as a clinical-stage biopharmaceutical company, develops designed ankyrin repeat proteins therapeutics for the treatment of oncology and virology diseases in Switzerland. The company develops MP0317 which is in Phase I clinical trials, a CD40 agonist designed to activate immune cells within the tumor microenvironment by anchoring to fibroblast activation protein; and MP0533, a novel tetra-specific T cell-engaging DARPin for acute myeloid leukemia.

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