HCW Biologics Inc. (NASDAQ:HCWB – Get Free Report)’s stock price was down 20% during mid-day trading on Wednesday . The company traded as low as $0.21 and last traded at $0.26. Approximately 1,517,795 shares changed hands during mid-day trading, an increase of 476% from the average daily volume of 263,527 shares. The stock had previously closed at $0.32.
HCW Biologics Stock Performance
The company has a market cap of $9.80 million, a P/E ratio of -0.26 and a beta of 0.87. The firm has a 50 day moving average price of $0.42 and a 200-day moving average price of $0.50.
HCW Biologics Company Profile
HCW Biologics Inc, a clinical-stage biopharmaceutical company, focuses on discovering and developing novel immunotherapies for chronic, low-grade inflammation, and age-related diseases in the United States. The company's lead products include HCW9218, which is in Phase 1 clinical chemo-refractory/chemo-resistant solid tumors with pancreatic, ovarian, breast, prostate, and colorectal cancers, as well as Phase 2 clinical trial with metastatic advanced stage ovarian cancer patients; and HCW9302 for autoimmune and proinflammatory diseases, such as alopecia areata diseases.
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