StockNews.com Initiates Coverage on Bio-Path (NASDAQ:BPTH)

Stock analysts at StockNews.com initiated coverage on shares of Bio-Path (NASDAQ:BPTH – Get Free Report) in a research note issued to investors on Friday. The brokerage set a “sell” rating on the stock. Bio-Path Stock Performance BPTH stock opened at $1.15 on Friday. Bio-Path has a 52-week low of $0.59 and a 52-week high of [...]

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Stock analysts at StockNews.com initiated coverage on shares of Bio-Path ( NASDAQ:BPTH – Get Free Report ) in a research note issued to investors on Friday. The brokerage set a “sell” rating on the stock.

Bio-Path Stock Performance BPTH stock opened at $1.15 on Friday. Bio-Path has a 52-week low of $0.



59 and a 52-week high of $12.00. The stock’s 50 day moving average is $0.

90 and its two-hundred day moving average is $1.22. Institutional Inflows and Outflows A hedge fund recently bought a new stake in Bio-Path stock.

Armistice Capital LLC bought a new position in shares of Bio-Path Holdings, Inc. ( NASDAQ:BPTH – Free Report ) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 97,000 shares of the company’s stock, valued at approximately $194,000.

Armistice Capital LLC owned 4.66% of Bio-Path as of its most recent SEC filing. Institutional investors own 5.

74% of the company’s stock. Bio-Path Company Profile Bio-Path Holdings, Inc operates as a clinical and preclinical stage oncology focused RNAi nanoparticle drug development company in the United States. The company develops products based on DNAbilize, a drug delivery and antisense technology platform that uses P-ethoxy, which is a deoxyribonucleic acid (DNA) backbone modification intended to protect the DNA from destruction.

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