Shares of Graybug Vision, Inc. (NASDAQ:GRAY – Get Free Report) were up 3% during mid-day trading on Friday . The company traded as high as $5.58 and last traded at $5.45. Approximately 8,939 shares traded hands during mid-day trading, an increase of 313% from the average daily volume of 2,165 shares. The stock had previously closed at $5.29.
Graybug Vision Trading Up 3.0 %
The firm has a market cap of $8.56 million, a PE ratio of -0.22 and a beta of 1.20. The stock has a 50 day simple moving average of $4.32 and a 200-day simple moving average of $3.86.
About Graybug Vision
Graybug Vision, Inc, a clinical-stage biopharmaceutical company, focuses on the development of medicines for the treatment of diseases of the retina and optic nerve. The company's lead product candidate is GB-102, an intravitreal injection of a microparticle depot formulation of sunitinib that is in Phase I/IIa and IIb clinical trials for the treatment of wet age-related macular degeneration, as well as in Phase IIa clinical trial to treat diabetic macular edema.
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