Will The Rally Continue? Aptorum Group Ltd (NASDAQ:APM)

Aptorum Group Ltd (NASDAQ:APM) stock is trading sharply higher on Monday.

Market Action

As of 10:48, APM stock gained by 63 cents or 26.46% at $3.10. The stock has traded 21.39 million shares, well above its average volume of 216K shares.  The stock opened at $2.6115 and moved in a range of $2.5800 – 3.5400.

APM Releases News

Aptorum Group Announces Positive Interim Phase I Clinical Trial Progress for ALS-4 Targeting Staphylococcus aureus and Positive Pre-IND Progress for SACT-1 Targeting Neuroblastoma

  • APM announces positive progress in respect of: (i) its ongoing Phase I clinical trial for ALS-4 (a first in-class anti-virulence approach based small molecule targeting Staphylococcus aureus, including, but not limited to Methicillin Resistant Staphylococcus Aureus (“MRSA”)), under which two initial cohorts of the single dose ascending dose (SAD) portion of the trial in healthy male and female adult subjects have been completed with no serious adverse events observed (with in total 6 cohorts for SAD and 3 cohorts for multiple ascending dose (MAD) have been planned); and (ii) its ongoing Pre-IND preparation for SACT-1, a repurposed small molecule targeting neuroblastoma, under which the Pre-IND meeting with the US FDA has been completed.
  • ALS-4’s first-in-human Phase I trial is a randomized, double-blinded, placebo-controlled, single and multiple ascending dose study designed to evaluate safety, tolerability, and pharmacokinetics of orally administered ALS-4 in healthy male and female adult volunteers.

Trader Notes

Share Information

SHARES OUTSTANDING34.19 M
SHARE FLOAT (%)8.97 M (26.24%)
% HELD BY INSTITUTIONS0.58

Recent Stock Performance

5-DAY PERF.+24.59%
1-MONTH PERF.+21.12%
3-MONTH PERF.-13.39%
6-MONTH PERF.+26.67%
YTD PERF.+23.08%
5-DAY PERF.+24.59%

Moving Averages

+/- EMA(20)2.56 (+18.75%)
+/- SMA(50)2.78 (+9.35%)
+/- SMA(200)2.71 (+12.18%)

Pivot Points

NameS3S2S1Pivot PointsR1R2R3
Classic5.80675.89335.94676.03336.08676.17336.2267
Fibonacci5.89335.94685.97996.03336.08686.11996.1733

Technical Indicators

SymbolValueResultSymbolValueResult
ADX20.1924NeutralATR140.2113
CCI20-46.5116NeutralChaikin Money Flow0.0206Neutral
MACD-0.1122SellMoney Flow Index11.9733OverSold
ROC-6.8323SellRSI42.7363Buy
STOCH (14,3)41.8605BuySTOCH RSI0.9348OverBought
UO49.2127BuyWilliams %R-58.1395Neutral

Related Posts

About The Author