AIkido Pharma (NASDAQ:AIKI) Stock Crosses Above 200 Day Moving Average – Time to Sell?

AIkido Pharma Inc. (NASDAQ:AIKIGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.61 and traded as high as $6.25. AIkido Pharma shares last traded at $5.99, with a volume of 495,403 shares.

AIkido Pharma Stock Up 12.6%

The firm has a market capitalization of $32.86 million, a price-to-earnings ratio of -1.54 and a beta of 0.93. The company’s 50 day moving average price is $4.69 and its 200 day moving average price is $3.61.

About AIkido Pharma

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AIkido Pharma Inc, a biotechnology company, focuses on developing small-molecule anti-cancer therapeutics. The company's pipeline of therapeutics includes therapies for prostate cancer, pancreatic cancer, acute myeloid leukemia (AML), and acute lymphoblastic leukemia. It is developing DHA-dFdC, a pancreatic drug candidate; and KPC34, a small molecule treatment for acute myeloid leukemia and acute lymphoblastic leukemia.

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