Relief Therapeutics (OTCMKTS:RLFTF) Shares Down 0.6% – Here’s Why

Relief Therapeutics Holding SA (OTCMKTS:RLFTFGet Free Report) shares fell 0.6% on Tuesday . The company traded as low as $0.2532 and last traded at $0.2532. Approximately 2,324 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 3,584 shares. The stock had previously closed at $0.2548.

Relief Therapeutics Stock Performance

The business has a 50 day simple moving average of $0.41 and a 200-day simple moving average of $0.93.

Relief Therapeutics Company Profile

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Relief Therapeutics AG is a clinical‐stage biopharmaceutical company focused on the development of novel therapies for rare and critical care indications. Headquartered in Geneva, Switzerland, the company leverages its expertise in peptide biology to address diseases with high unmet need, including acute respiratory distress syndrome (ARDS) and other serious pulmonary and inflammatory conditions.

The company’s lead product candidate, RLF‐100 (aviptadil), is a synthetic formulation of vasoactive intestinal peptide (VIP) being evaluated for the treatment of ARDS and COVID-19–associated respiratory failure.

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