Q BioMed Inc (NASDAQ:QBIO) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

According to Zacks, “Q BioMed Inc. is a biomedical acceleration and development company. It focuses on licensing, acquiring, and providing resources to life sciences and healthcare companies. Q BioMed Inc. is based in New York. “

Q BioMed (NASDAQ:QBIO) opened at 3.8885 on Thursday. The stock’s market capitalization is $40.99 million. Q BioMed has a 12-month low of $2.39 and a 12-month high of $12.61. The stock’s 50 day moving average is $4.02 and its 200 day moving average is $4.26.

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About Q BioMed

Q BioMed, Inc, formerly ISMO Tech Solutions, Inc, is a biomedical acceleration and development company. The Company is focused on licensing, acquiring and providing strategic resources to life sciences and healthcare companies. The Company intends to acquire multiple assets over time and across a spectrum of healthcare related products, companies and sectors.

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