Apollomics (NASDAQ:APLM) Upgraded to “Hold” at Wall Street Zen

Wall Street Zen upgraded shares of Apollomics (NASDAQ:APLM) from a sell rating to a hold rating in a research note published on Saturday morning.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Apollomics in a report on Monday, December 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Apollomics Trading Up 11.3%

NASDAQ:APLM opened at $16.83 on Friday. The business’s 50-day moving average is $18.22 and its 200 day moving average is $11.89. Apollomics has a 12 month low of $3.66 and a 12 month high of $42.12.

About Apollomics

Apollomics, Inc, a clinical-stage biopharmaceutical company based in Palo Alto, California, focuses on the development of innovative targeted therapies and immuno-oncology agents for the treatment of cancer. The company’s research and development efforts center on small molecule inhibitors and monoclonal antibodies designed to address key pathways involved in tumor growth and immune evasion. Its lead asset, dalpiciclib (formerly SHP654), is a selective oral CDK4/6 inhibitor in Phase III trials for metastatic breast cancer, and Apollomics holds a number of additional early-stage programs targeting solid tumors and hematologic malignancies.

Founded in 2015, Apollomics has established research and clinical collaboration networks across North America, China and Europe.