MLTX Stock — MoonLake Immunotherapeutics

MoonLake Immunotherapeutics (MLTX)

Updated October 16, 2026.

MLTX is a Stock. Total return is -9.0% over the past 6 years, 150.0 points behind SPY at 141.0%.

MoonLake Immunotherapeutics is a clinical-stage biotechnology company developing immunotherapy treatments for inflammatory skin and joint diseases, with a focus on Sonelokimab, a novel therapy candidate targeting IL-17A and IL-17F for conditions including psoriasis, psoriatic arthritis, and hidradenitis suppurativa. As an early-stage biotech company, it does not currently pay distributions. This security appeals to investors with high risk tolerance seeking exposure to clinical-stage drug development rather than current income generation.

MLTX performance versus SPY

Price and return data through 2026-10-16.

Total return is -9.0% over the past 6 years, 150.0 points behind SPY at 141.0%. Over the past year its total return — price change plus distributions reinvested — is 1.8%. Its deepest 1-year drawdown was 56.9%.

MLTX key facts

Asset type

Stock

Asset class

Equity

Inception date

10/20/2020

Distribution frequency

None

Last close

$9.55 (as of 2026-10-16)

Market cap

$812,768,842

Average volume

1380705.0

Beta

1.077

Payout ratio

0.0%

EPS

$-3.83

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MLTX risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 56.9%.

Who may consider MLTX — and who may not

It is a weaker fit for investors who need monthly cash flow (MLTX does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on MLTX

• All tickers starting with M

Tagged: Healthcare.

Frequently asked questions