Virios Therapeutics (NASDAQ:VIRI) Shares Down 3.3% – Time to Sell?

Virios Therapeutics, Inc. (NASDAQ:VIRIGet Free Report)’s share price was down 3.3% during mid-day trading on Wednesday . The company traded as low as $3.85 and last traded at $4.15. Approximately 42,004 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 1,049,645 shares. The stock had previously closed at $4.29.

Virios Therapeutics Stock Performance

The company’s 50-day moving average is $6.14 and its 200-day moving average is $3.48. The firm has a market cap of $79.92 million, a price-to-earnings ratio of -15.37 and a beta of 1.58.

Virios Therapeutics Company Profile

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Virios Therapeutics, Inc, a development-stage biotechnology company, focuses on developing novel antiviral therapies to treat diseases associated with a viral triggered abnormal immune response. The company's lead development candidate is the IMC-1, a fixed dose combination of famciclovir and celecoxib to treat fibromyalgia.

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