Silverback Therapeutics, Inc. (NASDAQ:SBTX – Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as $14.05 and last traded at $13.96, with a volume of 1134132 shares trading hands. The stock had previously closed at $13.20.
Silverback Therapeutics Price Performance
The stock has a market capitalization of $468.03 million, a price-to-earnings ratio of -5.77 and a beta of 0.60. The stock’s 50 day simple moving average is $10.71 and its 200-day simple moving average is $9.46.
About Silverback Therapeutics
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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