Kazia Therapeutics (ASX:KZA) Trading Down 0.8%

Kazia Therapeutics Ltd (ASX:KZA) shares fell 0.8% during mid-day trading on Friday . The stock traded as low as A$0.59 ($0.42) and last traded at A$0.59 ($0.42), 10,650 shares were traded during mid-day trading. The stock had previously closed at A$0.60 ($0.42).

The company has a 50-day simple moving average of A$0.61 and a 200-day simple moving average of A$0.50. The stock has a market cap of $36.68 million and a P/E ratio of -3.30.

Kazia Therapeutics Company Profile (ASX:KZA)

Kazia Therapeutics Limited, an oncology-focused biotechnology company, develops therapies for a range of oncology indications. Its lead product is GDC-0084, a small molecule inhibitor of the PI3K / AKT / mTOR pathway that is in Phase II clinical trials to treat glioblastoma multiforme. The company is also developing TRX-E-002-1 (Cantrixil), a third-generation benzopyran molecule, which is in Phase I clinical trials to treat ovarian cancer.

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