Hillstream BioPharma (NASDAQ:HILS) Stock Price Down 2.4% – What’s Next?

Hillstream BioPharma, Inc. (NASDAQ:HILSGet Free Report) shares were down 2.4% during trading on Friday . The stock traded as low as $1.91 and last traded at $1.99. Approximately 9,158 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 1,388,685 shares. The stock had previously closed at $2.04.

Hillstream BioPharma Stock Performance

The stock’s 50-day simple moving average is $2.62 and its two-hundred day simple moving average is $2.25. The stock has a market cap of $34.99 million, a price-to-earnings ratio of -2.76 and a beta of 3.08.

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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