CohBar (NASDAQ:CWBR) Trading Up 4.7% – Should You Buy?

Shares of CohBar, Inc. (NASDAQ:CWBRGet Free Report) rose 4.7% during mid-day trading on Monday . The stock traded as high as $0.51 and last traded at $0.51. Approximately 155 shares were traded during trading, a decline of 93% from the average daily volume of 2,369 shares. The stock had previously closed at $0.49.

CohBar Stock Performance

The firm has a fifty day simple moving average of $0.49 and a 200-day simple moving average of $0.53.

CohBar Company Profile

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CohBar, Inc, a clinical stage biotechnology company, develops mitochondria and peptides based therapeutics for the treatment of chronic and age-related diseases. It develops CB4211, a therapeutic that is in Phase 1a/1b clinical trial for the treatment of nonalcoholic steatohepatitis and obesity; and CB5138 Analogs, which is in preclinical study to treat idiopathic pulmonary fibrosis and other fibrotic diseases.

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