Akari Therapeutics (NASDAQ:AKTX) Earns Sell Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Akari Therapeutics (NASDAQ:AKTX) in a research report report published on Tuesday. The brokerage issued a sell rating on the biopharmaceutical company’s stock.

Akari Therapeutics Stock Performance

AKTX stock opened at $1.30 on Tuesday. Akari Therapeutics has a 52 week low of $0.85 and a 52 week high of $4.40. The firm’s 50-day moving average is $1.11 and its two-hundred day moving average is $1.79.

Akari Therapeutics Company Profile

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.