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Silverback Therapeutics (NASDAQ:SBTX) Stock Price Down 0.7% - Time to Sell?

Silverback Therapeutics logo with Medical background

Shares of Silverback Therapeutics, Inc. (NASDAQ:SBTX - Get Free Report) were down 0.7% during trading on Thursday . The stock traded as low as $14.53 and last traded at $14.88. Approximately 1,809,148 shares traded hands during mid-day trading, an increase of 435% from the average daily volume of 337,931 shares. The stock had previously closed at $14.99.

Silverback Therapeutics Stock Performance

The stock has a market cap of $536.54 million, a price-to-earnings ratio of -6.15 and a beta of 0.60. The stock's 50 day moving average is $12.22 and its two-hundred day moving average is $13.00.

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.

Further Reading

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