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ProMIS Neurosciences (NASDAQ:PMN) Shares Up 1.3%

Defense World ·  Nov 19, 2022 02:41

ProMIS Neurosciences, Inc. (NASDAQ:PMN – Get Rating)'s stock price traded up 1.3% on Friday . The company traded as high as $6.08 and last traded at $6.08. 818 shares were traded during mid-day trading, a decline of 76% from the average session volume of 3,468 shares. The stock had previously closed at $6.00.

ProMIS Neurosciences Trading Up 1.3 %

The firm has a market capitalization of $52.16 million, a PE ratio of -3.32 and a beta of 0.64. The company has a 50-day simple moving average of $5.81.

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Hedge Funds Weigh In On ProMIS Neurosciences

An institutional investor recently bought a new position in ProMIS Neurosciences stock. Ieq Capital LLC purchased a new position in shares of ProMIS Neurosciences, Inc. (NASDAQ:PMN – Get Rating) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 39,191 shares of the company's stock, valued at approximately $240,000. Ieq Capital LLC owned 0.46% of ProMIS Neurosciences at the end of the most recent quarter. Institutional investors own 0.14% of the company's stock.

ProMIS Neurosciences Company Profile

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ProMIS Neurosciences, Inc discovers and develops precision medicine solutions for the treatment of neurodegenerative diseases, primarily Alzheimer's disease (AD), amyotrophic lateral sclerosis (ALS), and multiple system atrophy (MSA) in Canada. The company's proprietary discovery platform comprises ProMIS and Collective Coordinates algorithms to predict novel targets known as disease specific epitopes on the molecular surface of misfolded proteins.

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