Why Celsion's Stock is Up During Today's Session
The Price And Volume Action In Celsion's Stock Today
Celsion's (NASDAQ:CLSN) stock is trading up 54.5% to a price of $2.07. The stock's volume is currently 79.75 million, which is roughly 1515.3% of its recent 30-day volume average of 5.26 million.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Celsion Corp shares are trading higher after the company terminated a purchase agreement with Lincoln Park Capital. From sept. 8, 2020 through termination date, the company sold 2.8M common shares under 2020 purchase agreement generating proceeds of $2.2M
Perspective On Recent Price Action
The moving average price of the stock over the past 50 days was $0.69 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $6.5 and as low as $0.43.
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