Climb Bio (NASDAQ:CLYM) Shares Down 6.9% – Should You Sell?

Shares of Climb Bio, Inc. (NASDAQ:CLYMGet Free Report) traded down 6.9% during trading on Monday . The company traded as low as $1.30 and last traded at $1.35. 269,172 shares traded hands during trading, a decline of 41% from the average session volume of 457,217 shares. The stock had previously closed at $1.45.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Leerink Partners assumed coverage on shares of Climb Bio in a research note on Monday, December 2nd. They set an “outperform” rating and a $10.00 target price for the company. Leerink Partnrs upgraded shares of Climb Bio to a “strong-buy” rating in a research note on Monday, December 2nd.

Check Out Our Latest Report on CLYM

Climb Bio Trading Down 6.9 %

The firm has a 50 day simple moving average of $1.79. The stock has a market cap of $90.75 million, a PE ratio of -0.63 and a beta of -0.24.

About Climb Bio

(Get Free Report)

Climb Bio Inc is a clinical-stage biotechnology company developing therapeutics for patients with immune-mediated diseases. The Company’s lead product candidate, budoprutug, is an anti-CD19 monoclonal antibody which has demonstrated B-cell depletion and has potential to treat a broad range of B-cell mediated diseases.

Further Reading

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