StockNews.com Initiates Coverage on Ayala Pharmaceuticals (NASDAQ:ADXS)

Research analysts at StockNews.com started coverage on shares of Ayala Pharmaceuticals (NASDAQ:ADXSGet Free Report) in a note issued to investors on Friday. The firm set a “sell” rating on the stock.

Ayala Pharmaceuticals Trading Down 10.4 %

NASDAQ ADXS opened at $0.56 on Friday. The firm has a market capitalization of $6.02 million, a PE ratio of -0.07 and a beta of 1.63. The business’s 50-day moving average price is $0.65 and its two-hundred day moving average price is $0.72. Ayala Pharmaceuticals has a 12 month low of $0.50 and a 12 month high of $1.95.

Ayala Pharmaceuticals (NASDAQ:ADXSGet Free Report) last announced its earnings results on Tuesday, April 16th. The company reported ($2.96) earnings per share for the quarter.

Ayala Pharmaceuticals Company Profile

(Get Free Report)

Ayala Pharmaceuticals, Inc, a clinical-stage oncology company, primarily focuses on developing and commercializing small molecule therapeutics for people living with rare tumors and aggressive cancers. The company's lead candidates under development include AL102, an oral gamma secretase inhibitor for desmoid tumors; and aspacytarabine (BST-236), a novel proprietary anti-metabolite for first line treatment in unfit acute myeloid leukemia.

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