Aadi Bioscience (NASDAQ:AADI) Shares Up 1.7% – Still a Buy?

Aadi Bioscience, Inc. (NASDAQ:AADIGet Free Report)’s share price shot up 1.7% during trading on Tuesday . The stock traded as high as $2.44 and last traded at $2.36. 106,888 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 261,100 shares. The stock had previously closed at $2.32.

Aadi Bioscience Trading Up 1.7%

The stock’s 50 day moving average price is $2.27 and its 200 day moving average price is $2.00. The company has a market cap of $58.28 million, a price-to-earnings ratio of -1.04 and a beta of 0.68.

About Aadi Bioscience

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Aadi Bioscience, Inc, a biopharmaceutical company, engages in developing and commercializing precision therapies for genetically defined cancers with alterations in mTOR pathway genes. Its lead drug product candidate comprises FYARRO, a form of sirolimus protein-bound particles for injectable suspension for the treatment in adult patients with advanced unresectable or metastatic malignant PEComa.

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