Anbio Biotechnology (NASDAQ:NNNN) Reaches New 1-Year Low – Here’s Why

Anbio Biotechnology (NASDAQ:NNNN – Get Free Report) hit a new 52-week low during trading on Monday. The company traded as low as $4.90 and last traded at $4.99, with a volume of 33564 shares traded. The stock had previously closed at $5.55.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of Anbio Biotechnology from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Get Our Latest Analysis on NNNN

Anbio Biotechnology Stock Performance

The company has a 50 day moving average price of $7.51 and a two-hundred day moving average price of $16.66.

Anbio Biotechnology Company Profile

(Get Free Report)

Anbio Biotechnology is dedicated to the advancement of medical technology and the provision of in vitro diagnostics (IVD) products. Our unwavering commitment lies in transforming the diagnostics landscape on a global scale, fostering a paradigm shift towards personalized and decentralized diagnostic solutions. By doing so, we aim to significantly enhance patient prognosis and contribute to the betterment of healthcare worldwide. At Anbio Biotechnology, our extensive portfolio comprises an array of IVD products designed to cater to diverse diagnostic needs.

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