Chromocell Therapeutics Co. (NYSE:CHRO – Get Free Report)’s share price was down 8.2% on Friday . The stock traded as low as $1.57 and last traded at $1.57. Approximately 5,935 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 268,050 shares. The stock had previously closed at $1.71.
Chromocell Therapeutics Price Performance
The business has a 50-day simple moving average of $1.77 and a 200-day simple moving average of $1.08.
About Chromocell Therapeutics
Chromocell Therapeutics Corporation, a clinical-stage biotech company, focuses on the development and commercialization of new therapeutics to alleviate pain. The company intends to selectively target the sodium ion-channel known as NaV1.7, as well as other receptors in the NaV family. Its lead compound comprises CC8464, which is in Phase 2a clinical trials for use in the treatment of erythromelalgia, as well as other fields of neuropathic pain and acute and chronic eye pain.
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