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Virios Therapeutics (NASDAQ:VIRI) Trading 3.1% Higher - What's Next?

Virios Therapeutics logo with Medical background

Key Points

  • Virios Therapeutics' stock rose by 3.1%, trading at $4.80 after hitting a high of $4.89, with a significant decrease in trading volume.
  • The company has a market capitalization of $92.34 million and focuses on developing antiviral therapies, with its lead candidate, IMC-1, aimed at treating fibromyalgia.
  • Virios Therapeutics has experienced substantial stock movement, recently increasing by 75% due to a proposal for Phase 3 trials related to fibromyalgia.
  • Five stocks to consider instead of Virios Therapeutics.

Shares of Virios Therapeutics, Inc. (NASDAQ:VIRI - Get Free Report) traded up 3.1% during mid-day trading on Friday . The company traded as high as $4.89 and last traded at $4.80. 18,008 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 1,049,645 shares. The stock had previously closed at $4.65.

Virios Therapeutics Stock Performance

The company has a market cap of $95.52 million, a price-to-earnings ratio of -18.37 and a beta of 1.58. The business's 50 day moving average price is $4.84 and its 200-day moving average price is $5.11.

Virios Therapeutics Company Profile

(Get Free Report)

Virios Therapeutics, Inc, a development-stage biotechnology company, focuses on developing novel antiviral therapies to treat diseases associated with a viral triggered abnormal immune response. The company's lead development candidate is the IMC-1, a fixed dose combination of famciclovir and celecoxib to treat fibromyalgia.

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