Nanobiotix (NASDAQ:NBTX) Trading Down 6.8% – What’s Next?

Nanobiotix S.A. (NASDAQ:NBTXGet Free Report) traded down 6.8% during mid-day trading on Thursday . The company traded as low as $3.18 and last traded at $3.28. 55,693 shares traded hands during trading, an increase of 174% from the average session volume of 20,299 shares. The stock had previously closed at $3.52.

Analyst Upgrades and Downgrades

Separately, Guggenheim started coverage on shares of Nanobiotix in a research note on Wednesday, August 28th. They issued a “buy” rating and a $12.00 price objective for the company.

View Our Latest Stock Analysis on NBTX

Nanobiotix Stock Performance

The business has a 50 day moving average of $3.94 and a two-hundred day moving average of $4.78.

Nanobiotix Company Profile

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Nanobiotix SA, a clinical-stage biotechnology, focuses on developing product candidates for the treatment of cancer and other unmet medical needs. Its lead product candidate is NBTXR3, a sterile aqueous suspension of crystalline hafnium oxide nanoparticles used for the treatment of soft tissue sarcoma, head and neck cancers, liver cancers, prostate cancer, pancreatic cancer, esophageal cancer, rectal cancer, and non-small cell lung cancer.

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