Mast Therapeutics Receives a Hold from Maxim Group

By Carrie Williams

Maxim Group analyst Jason McCarthy assigned a Hold rating to Mast Therapeutics (NYSE: MSTX) yesterday. The company’s shares closed yesterday at $0.13.

According to TipRanks.com, McCarthy is ranked 0 out of 5 stars with an average return of -12.2% and a 34.5% success rate. McCarthy covers the Healthcare sector, focusing on stocks such as ImmunoCellular Therapeutics, Mateon Therapeutics Inc, and Stellar Biotechnologies.

Mast Therapeutics has an analyst consensus of Hold.

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Mast Therapeutics, Inc. is a biopharmaceutical company, which engages in developing novel therapies for serious or life-threatening diseases with significant unmet needs. It leveraging Molecular Adhesion and Sealant Technology, platform, derived from over two decades of clinical, nonclinical, and manufacturing experience with purified and non-purified poloxamers to develop vepoloxamer, which also known as MST-188. The company was founded by Warren C. Lau in December 1995 and is headquartered in San Diego, CA.