Silverback Therapeutics (NASDAQ:SBTX) Reaches New 52-Week High – Here’s What Happened

Silverback Therapeutics, Inc. (NASDAQ:SBTXGet Free Report) shares reached a new 52-week high during trading on Friday . The stock traded as high as $14.04 and last traded at $14.00, with a volume of 1016597 shares changing hands. The stock had previously closed at $13.38.

Silverback Therapeutics Trading Up 4.6 %

The company has a market capitalization of $504.81 million, a PE ratio of -5.53 and a beta of 0.60. The firm has a 50 day simple moving average of $14.62 and a two-hundred day simple moving average of $11.79.

About Silverback Therapeutics

(Get Free Report)

Silverback Therapeutics, Inc, a biopharmaceutical company, develops tissue-targeted therapeutics for the treatment of chronic viral infections, cancer, and other serious diseases. The company offers SBT8230 to treat chronic hepatitis B virus infection by eliciting an anti-viral immune response by targeting TLR8 activation to the liver.

See Also

Receive News & Ratings for Silverback Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silverback Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.