Target N. V. Biotech Sells 1,279,820 Shares of Molecular Templates, Inc. (NASDAQ:MTEM) Stock

Molecular Templates, Inc. (NASDAQ:MTEM - Get Free Report) major shareholder Target N. V. Biotech sold 1,279,820 shares of the stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $0.66, for a total value of $844,681.20. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.

Molecular Templates Price Performance

Shares of NASDAQ MTEM opened at $0.45 on Tuesday. The stock has a market capitalization of $2.98 million, a PE ratio of -0.17 and a beta of 1.22. Molecular Templates, Inc. has a one year low of $0.30 and a one year high of $5.37. The business's fifty day moving average price is $0.91 and its 200-day moving average price is $1.21.

About Molecular Templates

(Get Free Report)

Molecular Templates, Inc, a clinical stage biopharmaceutical company, focuses on the discovery and development of biologic therapeutics for the treatment of cancer and other serious diseases in the United States. The company develops therapies through its proprietary biologic drug platform technology (ETB).

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