Nascent Biotech (OTCMKTS:NBIO) Share Price Passes Below 50-Day Moving Average – Time to Sell?

Nascent Biotech, Inc. (OTCMKTS:NBIOGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.01 and traded as low as $0.0009. Nascent Biotech shares last traded at $0.0009, with a volume of 13,000 shares trading hands.

Nascent Biotech Stock Performance

The company’s fifty day moving average is $0.01.

Nascent Biotech Company Profile

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Nascent Biotech, Inc, a clinical-stage biopharmaceutical company, develops monoclonal antibodies for the treatment of various forms of cancer. It is developing Pritumumab, a drug to treat patients with brain cancer malignancies, such as glioblastoma and malignant astrocytoma, as well as epithelial cancers, including lung, breast, colon, brain, and pancreas cancer. The company is developing MultiPharm, a proprietary technology platform for cancer therapy, as well as diabetes, autoimmunity, and transplantation.

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