Moleculin Biotech’s (MBRX) “Buy” Rating Reiterated at HC Wainwright

HC Wainwright reiterated their buy rating on shares of Moleculin Biotech (NASDAQ:MBRXFree Report) in a report published on Monday,Benzinga reports. HC Wainwright currently has a $8.00 price target on the stock. HC Wainwright also issued estimates for Moleculin Biotech’s Q4 2024 earnings at ($1.33) EPS and FY2025 earnings at ($3.31) EPS.

A number of other equities analysts have also weighed in on MBRX. StockNews.com initiated coverage on shares of Moleculin Biotech in a report on Tuesday, February 25th. They issued a “sell” rating on the stock. Maxim Group lowered shares of Moleculin Biotech from a “buy” rating to a “hold” rating in a report on Wednesday, February 12th.

Check Out Our Latest Research Report on MBRX

Moleculin Biotech Trading Up 7.4 %

Shares of MBRX opened at $1.16 on Monday. The company’s fifty day moving average is $1.50 and its two-hundred day moving average is $2.13. Moleculin Biotech has a fifty-two week low of $0.40 and a fifty-two week high of $10.35.

Moleculin Biotech Company Profile

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Moleculin Biotech, Inc, a clinical stage pharmaceutical company, focuses on the development of drug candidates for the treatment of cancers and viruses. Its lead drug candidate is Annamycin, which is in Phase 1B/2 clinical trials for the treatment of relapsed or refractory acute myeloid leukemia (AML) and soft tissue sarcoma metastasized to the lungs.

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