Akari Therapeutics (NASDAQ:AKTX) Earns Sell Rating from Analysts at StockNews.com

by · The Markets Daily

StockNews.com assumed coverage on shares of Akari Therapeutics (NASDAQ:AKTXFree Report) in a report released on Wednesday. The firm issued a sell rating on the biopharmaceutical company’s stock.

Akari Therapeutics Stock Performance

Shares of NASDAQ AKTX opened at $2.70 on Wednesday. Akari Therapeutics has a one year low of $1.08 and a one year high of $4.40. The company’s fifty day moving average is $3.34 and its two-hundred day moving average is $2.68.

About Akari Therapeutics

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Akari Therapeutics, Plc, a clinical-stage biopharmaceutical company, focuses on developing advanced therapies for autoimmune and inflammatory diseases. Its lead product candidate is nomacopan, a second-generation complement inhibitor that prevents inflammatory and prothrombotic activities, including paroxysmal nocturnal hemoglobinuria, Guillain-Barré syndrome, hematopoietic stem cell transplant-associated thrombotic microangiopathy, and bullous pemphigoid, as well as pre-clinical program developing long-acting PASylated-nomacopan for treatment of geographic atrophy secondary to dry age-related macular degeneration.

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