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Silverback Therapeutics (NASDAQ:SBTX) Trading Down 3.8% - Should You Sell?

Silverback Therapeutics logo with Medical background

Silverback Therapeutics, Inc. (NASDAQ:SBTX - Get Free Report) traded down 3.8% during trading on Friday . The company traded as low as $13.10 and last traded at $13.49. 1,470,132 shares changed hands during mid-day trading, an increase of 335% from the average session volume of 337,931 shares. The stock had previously closed at $14.02.

Silverback Therapeutics Stock Performance

The stock has a market capitalization of $436.30 million, a PE ratio of -5.00 and a beta of 0.60. The stock's 50-day moving average is $13.26 and its 200 day moving average is $12.89.

About Silverback Therapeutics

(Get Free Report)

Silverback Therapeutics, Inc, a biopharmaceutical company, develops tissue-targeted therapeutics for the treatment of chronic viral infections, cancer, and other serious diseases. The company offers SBT8230 to treat chronic hepatitis B virus infection by eliciting an anti-viral immune response by targeting TLR8 activation to the liver.

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