Hillstream BioPharma (NASDAQ:HILS) Shares Up 1.5% – Should You Buy?

Hillstream BioPharma, Inc. (NASDAQ:HILSGet Free Report)’s share price was up 1.5% during mid-day trading on Monday . The stock traded as high as $2.03 and last traded at $2.03. Approximately 33,477 shares changed hands during trading, a decline of 98% from the average daily volume of 1,388,685 shares. The stock had previously closed at $2.00.

Hillstream BioPharma Stock Performance

The stock has a 50 day moving average price of $2.06 and a 200 day moving average price of $2.44. The company has a market capitalization of $35.73 million, a P/E ratio of -2.82 and a beta of 3.08.

About Hillstream BioPharma

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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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