Hillstream BioPharma (NASDAQ:HILS) Trading Down 6.1% – Here’s What Happened

Hillstream BioPharma, Inc. (NASDAQ:HILSGet Free Report)’s share price was down 6.1% during mid-day trading on Tuesday . The company traded as low as $2.74 and last traded at $2.77. Approximately 109,171 shares traded hands during trading, a decline of 92% from the average daily volume of 1,388,685 shares. The stock had previously closed at $2.95.

Hillstream BioPharma Trading Down 6.1 %

The company has a market cap of $48.76 million, a PE ratio of -3.85 and a beta of 3.08. The stock has a fifty day simple moving average of $2.38 and a two-hundred day simple moving average of $2.44.

Hillstream BioPharma Company Profile

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Hillstream BioPharma, Inc, a pre-clinical biotechnology company, develops novel therapeutic candidates targeting ferroptosis, an anti-cancer mechanism resulting in iron mediated cell death (IMCD) and targeted immuno-oncology novel biologics for the treatment drug resistant cancers. The company's product candidate is HSB-1216, an IMCD inducer targeting solid tumors.

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