According to Zacks, “Akero Therapeutics Inc. is a clinical-stage biotechnology company. It is focused on developing transformational treatments for non-alcoholic steatohepatitis and other serious metabolic disorders. The company’s product pipeline consists of AKR-001, for the treatment of non-alcoholic steatohepatitis, which are in clinical stage. Akero Therapeutics Inc. is based in San Francisco, United States. “
Shares of NASDAQ AKRO opened at $19.69 on Thursday. Akero Therapeutics has a 52 week low of $16.06 and a 52 week high of $30.30. The business has a fifty day moving average price of $20.27.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Griffin Asset Management Inc. purchased a new position in shares of Akero Therapeutics in the second quarter worth $25,000. Strs Ohio purchased a new position in shares of Akero Therapeutics in the third quarter worth $29,000. Tower Research Capital LLC TRC purchased a new position in shares of Akero Therapeutics in the second quarter worth $26,000. Victory Capital Management Inc. purchased a new position in shares of Akero Therapeutics in the second quarter worth $31,000. Finally, Barclays PLC purchased a new position in shares of Akero Therapeutics in the third quarter worth $61,000. 44.63% of the stock is currently owned by institutional investors.
About Akero Therapeutics
Akero Therapeutics, Inc, a clinical-stage biotechnology company, engages in the development and commercialization of transformative treatments for serious metabolic diseases with high unmet medical need. Its lead product candidate is AKR-001, which completed Phase Ib clinical trial for the treatment of non-alcoholic steatohepatitis disease.
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