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Silverback Therapeutics (NASDAQ:SBTX) Shares Up 2% - Should You Buy?

Silverback Therapeutics logo with Medical background
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Silverback Therapeutics, Inc. (NASDAQ:SBTX - Get Free Report)'s share price shot up 2% on Wednesday . The stock traded as high as $13.22 and last traded at $13.15. 1,794,287 shares changed hands during mid-day trading, an increase of 431% from the average session volume of 337,931 shares. The stock had previously closed at $12.89.

Silverback Therapeutics Trading Down 1.1 %

The stock has a market cap of $450.36 million, a price-to-earnings ratio of -5.16 and a beta of 0.60. The stock's 50-day simple moving average is $12.19 and its 200-day simple moving average is $12.99.

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.

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