Pasithea Therapeutics (NASDAQ:KTTA) Trading Down 16.9% – Here’s Why

Pasithea Therapeutics Corp. (NASDAQ:KTTAGet Free Report) traded down 16.9% on Monday . The company traded as low as $1.13 and last traded at $1.18. 634,853 shares were traded during mid-day trading, a decline of 34% from the average session volume of 960,275 shares. The stock had previously closed at $1.42.

Pasithea Therapeutics Stock Up 3.8 %

The stock has a market cap of $3.71 million, a P/E ratio of -0.11 and a beta of 0.59. The firm’s 50 day simple moving average is $1.25 and its two-hundred day simple moving average is $2.56.

Pasithea Therapeutics (NASDAQ:KTTAGet Free Report) last issued its quarterly earnings data on Monday, March 24th. The company reported ($2.41) earnings per share (EPS) for the quarter.

About Pasithea Therapeutics

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Pasithea Therapeutics Corp., a biotechnology company, engages in discovery, research, and development of treatments for central nervous system disorders, RASopathies, and other diseases. Its lead product candidate PAS-004, a next-generation macrocyclic mitogen-activated protein kinase, or MEK inhibitor for use in the treatment of a range of RASopathies, including neurofibromatosis type 1 oncology indications.

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