StockNews.com Begins Coverage on Akari Therapeutics (NASDAQ:AKTX)

Stock analysts at StockNews.com started coverage on shares of Akari Therapeutics (NASDAQ:AKTX) in a report released on Sunday. The brokerage set a “sell” rating on the biopharmaceutical company’s stock.

Akari Therapeutics Stock Performance

AKTX stock opened at $2.30 on Friday. Akari Therapeutics has a 52-week low of $1.08 and a 52-week high of $4.40. The company has a 50-day moving average of $2.87 and a two-hundred day moving average of $2.83.

About Akari Therapeutics

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.