Nascent Biotech (OTCMKTS:NBIO) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Nascent Biotech, Inc. (OTCMKTS:NBIOGet Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.06 and traded as low as $0.06. Nascent Biotech shares last traded at $0.06, with a volume of 41,000 shares traded.

Nascent Biotech Trading Down 4.2 %

The company has a fifty day moving average of $0.06 and a 200-day moving average of $0.06.

Nascent Biotech Company Profile

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Nascent Biotech, Inc, a clinical-stage biopharmaceutical company, develops monoclonal antibodies for the treatment of various forms of cancer. It is developing Pritumumab, a drug to treat patients with brain cancer malignancies, such as glioblastoma and malignant astrocytoma, as well as epithelial cancers, including lung, breast, colon, brain, and pancreas cancer.

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