Astria Therapeutics' Shares Rise After JMP Securities Initiates Coverage With Outperform Rating

MT Newswires Live

02/01

Astria Therapeutics' (ATXS) shares were up nearly 3% in recent Friday trading after JMP Securities initiated the company's stock at outperform.

This comes days after the company started its phase 1a clinical trial in healthy subjects of STAR-0310, a potential treatment for atopic dermatitis. Early proof-of-concept results are expected in Q3.

Trading volume stood at over 162,000 shares against a daily average of about 323,000 shares.

Price: 7.70, Change: +0.21, Percent Change: +2.80

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