Ascletis Pharma (OTCMKTS:ASCLF) Stock Price Down 13.2% – Here’s Why

Ascletis Pharma Inc. (OTCMKTS:ASCLFGet Free Report)’s stock price traded down 13.2% during trading on Tuesday . The company traded as low as $1.4850 and last traded at $1.4850. 100 shares traded hands during trading, a decline of 96% from the average session volume of 2,473 shares. The stock had previously closed at $1.71.

Ascletis Pharma Price Performance

The stock has a fifty day moving average price of $1.58 and a two-hundred day moving average price of $1.46.

About Ascletis Pharma

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Ascletis Pharma (OTCMKTS:ASCLF) is a clinical‐stage biopharmaceutical company headquartered in Hangzhou, China, dedicated to the research, development and commercialization of therapies for viral and liver diseases. Since its founding in 2013, the company has built an integrated platform spanning small‐molecule discovery, process chemistry and clinical development. Ascletis is listed on the Hong Kong Stock Exchange and maintains facilities for both clinical research and commercial manufacturing in Mainland China.

The company’s core pipeline focuses on direct‐acting antiviral agents targeting hepatitis B virus (HBV), hepatitis C virus (HCV) and human immunodeficiency virus (HIV).

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