News stories about Moleculin Biotech (NASDAQ:MBRX) have trended positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Moleculin Biotech earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.7536337068095 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Separately, ValuEngine raised shares of Moleculin Biotech from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st.
Shares of Moleculin Biotech (NASDAQ MBRX) traded down $0.02 during midday trading on Friday, hitting $1.69. 122,500 shares of the stock were exchanged, compared to its average volume of 1,276,156. Moleculin Biotech has a twelve month low of $0.71 and a twelve month high of $3.75.
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Moleculin Biotech Company Profile
Moleculin Biotech, Inc is a preclinical-stage pharmaceutical company. The Company is focused on the development of anti-cancer drug candidates. Its lead drug candidate is liposomal Annamycin, which it refers to as Annamycin, an anthracycline intended for the treatment of relapsed or refractory acute myeloid leukemia (AML).
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