Checkpoint Therapeutics (NASDAQ:CKPT) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Monday.

According to Zacks, “Checkpoint Therapeutics, Inc. is a clinical stage, immuno oncology biopharmaceutical. It focused on the acquisition, development and commercialization of non-chemotherapy, immune-enhanced combination treatments for patients with solid tumor cancers. Checkpoint Therapeutics, Inc. is headquartered in New York City. “

Separately, HC Wainwright initiated coverage on shares of Checkpoint Therapeutics in a report on Friday, December 8th. They issued a “buy” rating and a $11.00 price objective for the company.

Checkpoint Therapeutics (CKPT) traded up $0.04 on Monday, reaching $4.69. 56,562 shares of the company’s stock were exchanged, compared to its average volume of 76,614. Checkpoint Therapeutics has a one year low of $3.20 and a one year high of $15.00. The stock has a market capitalization of $119.88 and a PE ratio of -4.19.

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About Checkpoint Therapeutics

Checkpoint Therapeutics, Inc is an immuno-oncology biopharmaceutical company. The Company is focused on the acquisition, development and commercialization of non-chemotherapy, immune-enhanced combination treatments for patients with solid tumor cancers. The Company is engaged in developing a portfolio of human immuno-oncology targeted antibodies.

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