Eloxx Pharmaceuticals (NASDAQ:ELOX) Shares Up 4.3%

Eloxx Pharmaceuticals, Inc. (NASDAQ:ELOXGet Free Report) shares shot up 4.3% during mid-day trading on Monday . The company traded as high as $0.72 and last traded at $0.72. 794 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 8,179 shares. The stock had previously closed at $0.69.

Eloxx Pharmaceuticals Stock Performance

The business has a fifty day simple moving average of $0.79 and a 200-day simple moving average of $0.89. The firm has a market cap of $2.26 million, a price-to-earnings ratio of -0.08 and a beta of 2.66.

Eloxx Pharmaceuticals Company Profile

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Eloxx Pharmaceuticals, Inc, a clinical-stage biopharmaceutical company, focuses on developing ribosome modulation for the treatment of rare and ultra-rare premature stop codon diseases. Its lead investigational drug product candidate is ELX-02, which is in Phase 2 clinical trial for the treatment of cystic fibrosis and nephropathic cystinosis patients with diagnosed nonsense mutations.

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