AIkido Pharma (NASDAQ:AIKI) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Shares of AIkido Pharma Inc. (NASDAQ:AIKIGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.40 and traded as high as $7.54. AIkido Pharma shares last traded at $7.42, with a volume of 325,818 shares trading hands.

AIkido Pharma Price Performance

The firm has a market cap of $40.70 million, a P/E ratio of -1.91 and a beta of 0.93. The stock’s 50-day simple moving average is $6.31 and its two-hundred day simple moving average is $5.40.

AIkido Pharma Company Profile

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AIkido Pharma Inc, a biotechnology company, focuses on developing small-molecule anti-cancer therapeutics. The company's pipeline of therapeutics includes therapies for prostate cancer, pancreatic cancer, acute myeloid leukemia (AML), and acute lymphoblastic leukemia. It is developing DHA-dFdC, a pancreatic drug candidate; and KPC34, a small molecule treatment for acute myeloid leukemia and acute lymphoblastic leukemia.

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