XOMA Co. (NASDAQ:XOMAP – Get Free Report) shot up 0.7% during trading on Tuesday . The stock traded as high as $25.79 and last traded at $25.80. 397 shares changed hands during trading, a decline of 71% from the average session volume of 1,348 shares. The stock had previously closed at $25.62.
XOMA Stock Performance
The firm’s 50 day simple moving average is $25.68 and its 200 day simple moving average is $25.75.
About XOMA
XOMA Royalty Corporation operates as a biotech royalty aggregator in the United States and the Asia Pacific. It has a portfolio of economic rights to future potential milestone and royalty payments associated with partnered commercial and pre-commercial therapeutic candidates. The company also focuses on early to mid-stage clinical assets primarily in Phase 1 and 2 with commercial sales potential that are licensed to partners; and acquires milestone and royalty revenue streams on late-stage clinical or commercial assets.
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