XOMA (NASDAQ:XOMAP) Trading Down 0.6% – Here’s Why

XOMA Co. (NASDAQ:XOMAPGet Free Report) fell 0.6% during mid-day trading on Friday . The company traded as low as $25.46 and last traded at $25.46. 2,916 shares traded hands during mid-day trading, an increase of 67% from the average session volume of 1,745 shares. The stock had previously closed at $25.63.

XOMA Trading Down 0.6 %

The company’s 50 day moving average price is $25.95 and its 200 day moving average price is $25.67.

XOMA Company Profile

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XOMA Royalty Corporation operates as a biotech royalty aggregator in the United States and the Asia Pacific. It has a portfolio of economic rights to future potential milestone and royalty payments associated with partnered commercial and pre-commercial therapeutic candidates. The company also focuses on early to mid-stage clinical assets primarily in Phase 1 and 2 with commercial sales potential that are licensed to partners; and acquires milestone and royalty revenue streams on late-stage clinical or commercial assets.

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