Virios Therapeutics (NASDAQ:VIRI) Trading Down 1.5% – Here’s What Happened

Shares of Virios Therapeutics, Inc. (NASDAQ:VIRIGet Free Report) dropped 1.5% on Thursday . The company traded as low as $5.82 and last traded at $5.96. Approximately 52,000 shares were traded during trading, a decline of 95% from the average daily volume of 1,049,645 shares. The stock had previously closed at $6.05.

Virios Therapeutics Price Performance

The stock has a market cap of $108.62 million, a price-to-earnings ratio of -20.89 and a beta of 1.58. The company’s fifty day moving average price is $7.60 and its 200-day moving average price is $4.23.

About Virios Therapeutics

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Virios Therapeutics, Inc, a development-stage biotechnology company, focuses on developing novel antiviral therapies to treat diseases associated with a viral triggered abnormal immune response. The company's lead development candidate is the IMC-1, a fixed dose combination of famciclovir and celecoxib to treat fibromyalgia.

Further Reading

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