Hillstream BioPharma (NASDAQ:HILS) Stock Price Down 6.1% – Time to Sell?

Shares of Hillstream BioPharma, Inc. (NASDAQ:HILSGet Free Report) traded down 6.1% on Tuesday . The stock traded as low as $2.74 and last traded at $2.77. 109,171 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 1,388,685 shares. The stock had previously closed at $2.95.

Hillstream BioPharma Stock Down 13.2 %

The company’s 50-day moving average is $2.37 and its two-hundred day moving average is $2.44. The company has a market capitalization of $42.78 million, a P/E ratio of -3.89 and a beta of 3.08.

Hillstream BioPharma Company Profile

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Hillstream BioPharma, Inc, a pre-clinical biotechnology company, develops novel therapeutic candidates targeting ferroptosis, an anti-cancer mechanism resulting in iron mediated cell death (IMCD) and targeted immuno-oncology novel biologics for the treatment drug resistant cancers. The company's product candidate is HSB-1216, an IMCD inducer targeting solid tumors.

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