Shares of Silverback Therapeutics, Inc. (NASDAQ:SBTX - Get Free Report) fell 2.9% on Tuesday . The company traded as low as $10.01 and last traded at $10.18. 1,583,092 shares were traded during trading, an increase of 368% from the average session volume of 337,931 shares. The stock had previously closed at $10.48.
Silverback Therapeutics Price Performance
The firm has a market cap of $391.23 million, a price-to-earnings ratio of -4.48 and a beta of 0.60. The business's 50-day moving average price is $11.91 and its two-hundred day moving average price is $13.07.
About Silverback Therapeutics
(
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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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