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Virios Therapeutics (NASDAQ:VIRI) Shares Down 7.5% - Here's What Happened

Virios Therapeutics logo with Medical background

Virios Therapeutics, Inc. (NASDAQ:VIRI - Get Free Report)'s stock price was down 7.5% during trading on Wednesday . The company traded as low as $4.64 and last traded at $4.70. Approximately 59,460 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 1,049,645 shares. The stock had previously closed at $5.08.

Virios Therapeutics Stock Up 1.5%

The company has a market capitalization of $93.02 million, a PE ratio of -17.89 and a beta of 1.58. The stock's fifty day simple moving average is $4.99 and its 200-day simple moving average is $5.58.

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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