Ascletis Pharma (OTCMKTS:ASCLF) Stock Jumps 4.8% – Here’s Why

Ascletis Pharma Inc. (OTCMKTS:ASCLF – Get Free Report) traded up 4.8% on Wednesday. The stock traded as high as $1.09 and last traded at $1.09. Approximately 275 shares were traded during trading, a decline of 90% from the average daily volume of 2,638 shares. The stock had previously closed at $1.04.

Ascletis Pharma Stock Up 4.8%

The stock has a fifty day moving average price of $1.21 and a 200-day moving average price of $1.53.

Ascletis Pharma Company Profile

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Ascletis Pharma Inc is a biopharmaceutical company focused on the discovery, development and commercialization of innovative medicines. The company has historically concentrated on areas of significant unmet medical need, including viral diseases, oncology and metabolic disorders, with operations and commercial activities centered primarily in China.

Ascletis’ portfolio has included therapies for infectious diseases and viral hepatitis. Its best-known product is Ganovo (danoprevir), a hepatitis C treatment developed for use in combination with other antiviral medicines and approved in China.

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