Molecular Partners (OTCMKTS:MLLCF) Trading Up 11.1% – Still a Buy?

Molecular Partners AG (OTCMKTS:MLLCFGet Free Report)’s share price shot up 11.1% on Thursday . The stock traded as high as $5.00 and last traded at $5.00. 700 shares were traded during trading, an increase of 44% from the average session volume of 485 shares. The stock had previously closed at $4.50.

Molecular Partners Trading Up 11.1 %

The company’s 50-day moving average price is $5.21 and its two-hundred day moving average price is $5.88.

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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