Akari Therapeutics (NASDAQ:AKTX) Stock Passes Below 200 Day Moving Average – What’s Next?

Akari Therapeutics, Plc (NASDAQ:AKTXGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.70 and traded as low as $2.40. Akari Therapeutics shares last traded at $2.52, with a volume of 2,425 shares.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Akari Therapeutics in a research note on Thursday. They set a “sell” rating on the stock.

Get Our Latest Stock Analysis on Akari Therapeutics

Akari Therapeutics Stock Performance

The stock’s 50 day simple moving average is $3.23 and its 200-day simple moving average is $2.70.

Akari Therapeutics Company Profile

(Get Free Report)

Akari Therapeutics, Plc, a clinical-stage biopharmaceutical company, focuses on developing advanced therapies for autoimmune and inflammatory diseases. Its lead product candidate is nomacopan, a second-generation complement inhibitor that prevents inflammatory and prothrombotic activities, including paroxysmal nocturnal hemoglobinuria, Guillain-Barré syndrome, hematopoietic stem cell transplant-associated thrombotic microangiopathy, and bullous pemphigoid, as well as pre-clinical program developing long-acting PASylated-nomacopan for treatment of geographic atrophy secondary to dry age-related macular degeneration.

Further Reading

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