Akari Therapeutics (NASDAQ:AKTX) Now Covered by StockNews.com

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

Akari Therapeutics Price Performance

AKTX stock opened at $1.31 on Friday. Akari Therapeutics has a twelve month low of $0.90 and a twelve month high of $4.40. The business’s 50-day simple moving average is $1.53 and its 200 day simple moving average is $2.66.

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.