Nanobiotix (NASDAQ:NBTX) Trading Down 3.5% – Time to Sell?

Shares of Nanobiotix S.A. (NASDAQ:NBTXGet Free Report) traded down 3.5% during trading on Wednesday . The stock traded as low as $3.25 and last traded at $3.35. 4,633 shares were traded during mid-day trading, a decline of 73% from the average session volume of 17,048 shares. The stock had previously closed at $3.47.

Analysts Set New Price Targets

Separately, Guggenheim started coverage on shares of Nanobiotix in a research note on Wednesday, August 28th. They set a “buy” rating and a $12.00 price objective for the company.

Read Our Latest Report on NBTX

Nanobiotix Price Performance

The company has a 50-day moving average price of $4.59 and a 200-day moving average price of $5.20.

Nanobiotix Company Profile

(Get Free Report)

Nanobiotix SA, a clinical-stage biotechnology, focuses on developing product candidates for the treatment of cancer and other unmet medical needs. Its lead product candidate is NBTXR3, a sterile aqueous suspension of crystalline hafnium oxide nanoparticles used for the treatment of soft tissue sarcoma, head and neck cancers, liver cancers, prostate cancer, pancreatic cancer, esophageal cancer, rectal cancer, and non-small cell lung cancer.

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