Panbela Therapeutics (OTCMKTS:PBLA) Share Price Crosses Below 200 Day Moving Average – Here’s Why

Panbela Therapeutics, Inc. (OTCMKTS:PBLA – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $0.01 and traded as low as $0.0002. Panbela Therapeutics shares last traded at $0.0002, with a volume of 348 shares.

Panbela Therapeutics Trading Down 98.2%

The firm has a market cap of $971.00, a PE ratio of -0.00 and a beta of 42.77. The business has a fifty day moving average price of $0.01 and a 200 day moving average price of $0.01.

About Panbela Therapeutics

(Get Free Report)

Panbela Therapeutics, Inc is a biotechnology company focused on developing novel therapies for cancer and other serious diseases. The company’s research has centered on treatments that target polyamine metabolism, a biological process associated with tumor growth and cancer progression.

Panbela’s lead investigational product has been ivospemin, formerly known as SBP-101, which has been studied in combination with standard treatments for pancreatic ductal adenocarcinoma and other solid tumors.

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