BiomX (NYSEAMERICAN:PHGE) Stock Price Down 12.2% – Should You Sell?

Shares of BiomX Inc. (NYSEAMERICAN:PHGEGet Free Report) fell 12.2% on Wednesday . The stock traded as low as $0.50 and last traded at $0.51. 103,655 shares changed hands during trading, a decline of 7% from the average session volume of 110,983 shares. The stock had previously closed at $0.58.

BiomX Stock Performance

The firm has a market capitalization of $9.25 million, a P/E ratio of -0.16 and a beta of 1.31.

About BiomX

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BiomX Inc, a clinical-stage microbiome company, develops products using natural and engineered phage technologies designed to target and kill specific harmful bacteria. It targets bacteria that affect the appearance of skin, as well as chronic diseases, such as inflammatory bowel diseases (IBD), primary sclerosing cholangitis (PSC), cystic fibrosis (CF), atopic dermatitis, and colorectal cancer (CRC).

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