Hillstream BioPharma (NASDAQ:HILS) Trading Down 1.4% – Here’s Why

Hillstream BioPharma, Inc. (NASDAQ:HILSGet Free Report) dropped 1.4% during mid-day trading on Thursday . The stock traded as low as $1.41 and last traded at $1.44. Approximately 17,521 shares traded hands during trading, a decline of 99% from the average daily volume of 1,388,685 shares. The stock had previously closed at $1.46.

Hillstream BioPharma Stock Performance

The stock has a fifty day moving average price of $1.75 and a 200-day moving average price of $2.03. The firm has a market capitalization of $25.35 million, a PE ratio of -2.00 and a beta of 3.08.

Hillstream BioPharma Company Profile

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Hillstream BioPharma, Inc, a pre-clinical biotechnology company, develops novel therapeutic candidates targeting ferroptosis, an anti-cancer mechanism resulting in iron mediated cell death (IMCD) and targeted immuno-oncology novel biologics for the treatment drug resistant cancers. The company's product candidate is HSB-1216, an IMCD inducer targeting solid tumors.

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