Kiromic BioPharma (NASDAQ:KRBP) Stock Price Down 2.7% – Here’s What Happened

Kiromic BioPharma, Inc. (NASDAQ:KRBPGet Free Report) shares fell 2.7% on Thursday . The company traded as low as $0.90 and last traded at $0.90. 340 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 4,613 shares. The stock had previously closed at $0.93.

Kiromic BioPharma Stock Performance

The firm has a market cap of $1.38 million, a price-to-earnings ratio of -0.14 and a beta of 1.87. The business has a 50 day simple moving average of $0.99 and a 200-day simple moving average of $1.52.

About Kiromic BioPharma

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Kiromic BioPharma, Inc, a clinical stage biotherapeutics company, utilizes engineered and non-engineered Gamma Delta T cell (GDT) technologies to develop therapies for solid tumors. The company develops Deltacel-01, which is in Phase 1 clinical trial, for patients with non-small cell lung cancer; Isocel in combination with low-dose radiation to treat Mesothelin Isoform 2 positive solid malignancies; ALEXIS-ISO-1, an allogeneic GDT therapy product that targets an isoform of mesothelin; Procel in combination with low-dose radiation to treat PD-L1 positive solid malignancies; and ALEXIS-PRO-1, an allogeneic GDT therapy product that targets PD-L1.

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