Matinas Biopharma (NYSE:MTNB) Stock Price Down 6.6% – Should You Sell?

Shares of Matinas Biopharma Holdings, Inc. (NYSE:MTNBGet Free Report) fell 6.6% during mid-day trading on Tuesday . The company traded as low as $0.53 and last traded at $0.56. 46,870 shares were traded during trading, a decline of 74% from the average session volume of 182,658 shares. The stock had previously closed at $0.60.

Matinas Biopharma Stock Down 6.6 %

The company has a market capitalization of $2.85 million, a PE ratio of -0.12 and a beta of 1.54. The business has a fifty day moving average of $0.58.

About Matinas Biopharma

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Matinas BioPharma Holdings, Inc is a clinical-stage biopharmaceutical company. It engages in the business of delivering groundbreaking therapies using lipid nanocrystal platform delivery technology to maximize global clinical impact and patient access. The company was founded by Herbert J. Conrad and Jerome D.

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