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Silverback Therapeutics (NASDAQ:SBTX) Trading Down 6.8% - Should You Sell?

Silverback Therapeutics logo with Medical background

Shares of Silverback Therapeutics, Inc. (NASDAQ:SBTX - Get Free Report) fell 6.8% during trading on Monday . The stock traded as low as $14.40 and last traded at $14.43. 1,860,935 shares were traded during trading, an increase of 451% from the average session volume of 337,931 shares. The stock had previously closed at $15.49.

Silverback Therapeutics Price Performance

The firm's 50-day moving average is $13.93 and its 200 day moving average is $12.76. The stock has a market cap of $484.62 million, a price-to-earnings ratio of -5.55 and a beta of 0.60.

Silverback Therapeutics Company Profile

(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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