Virios Therapeutics (NASDAQ:VIRI) Stock Falls 14.8% – Here’s Why

Virios Therapeutics, Inc. (NASDAQ:VIRI – Get Free Report)’s stock price traded down 14.8% during trading on Wednesday. The stock traded as low as $0.9010 and last traded at $1.04. 429,398 shares changed hands during trading, a decline of 59% from the average session volume of 1,049,645 shares. The stock had previously closed at $1.22.

Virios Therapeutics Stock Down 14.8%

The stock has a market capitalization of $20.03 million, a PE ratio of -3.85 and a beta of 1.58. The business’s 50-day moving average is $1.62 and its two-hundred day moving average is $1.98.

About Virios Therapeutics

(Get Free Report)

Virios Therapeutics, Inc (NASDAQ: VIRI) is a clinical-stage biotechnology company focused on developing antiviral therapies for conditions it believes may be associated with the activation of latent herpesviruses. The company’s research has centered on the potential role of viral reactivation in chronic diseases and related inflammatory symptoms.

Virios’ lead investigational product candidate has been IMC-1, a fixed-dose combination of famciclovir, an antiviral medication, and celecoxib, an anti-inflammatory drug.

Further Reading

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