AIkido Pharma (NASDAQ:AIKI) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

Shares of AIkido Pharma Inc. (NASDAQ:AIKIGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $2.60 and traded as high as $7.89. AIkido Pharma shares last traded at $6.74, with a volume of 599,240 shares traded.

AIkido Pharma Price Performance

The business has a 50-day moving average of $4.15 and a 200-day moving average of $2.60. The firm has a market cap of $36.97 million, a price-to-earnings ratio of -1.74 and a beta of 0.93.

About AIkido Pharma

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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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