Virios Therapeutics (NASDAQ:VIRI) Trading Up 0.7% – Should You Buy?

Virios Therapeutics, Inc. (NASDAQ:VIRIGet Free Report) rose 0.7% during mid-day trading on Monday . The stock traded as high as $1.4272 and last traded at $1.38. Approximately 73,869 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 1,049,645 shares. The stock had previously closed at $1.37.

Virios Therapeutics Stock Up 0.7%

The stock has a market capitalization of $26.58 million, a PE ratio of -5.11 and a beta of 1.58. The stock has a fifty day moving average of $1.59 and a 200-day moving average of $2.28.

About Virios Therapeutics

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Virios Therapeutics, Inc is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of targeted therapies for fibrotic diseases. The company leverages its proprietary small-molecule platform to identify and advance compounds designed to modulate key pathways involved in scar formation and tissue repair. By concentrating on conditions with high unmet medical need, Virios aims to improve patient outcomes through more effective and safer treatment options.

The company’s lead development candidate, VTI-1002, is an oral small molecule inhibitor in clinical trials for the prevention and treatment of hypertrophic scars and keloids.

Further Reading

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