Tharimmune (NASDAQ:THAR) Shares Break Above 50 Day Moving Average – What’s Next?

Tharimmune, Inc. (NASDAQ:THAR – Get Free Report)’s share price crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $2.14 and traded as high as $2.21. Tharimmune shares last traded at $2.16, with a volume of 512,851 shares traded.

Tharimmune Stock Up 6.7%

The company has a 50-day simple moving average of $2.13 and a two-hundred day simple moving average of $2.97. The firm has a market cap of $77.72 million, a PE ratio of -0.52 and a beta of 1.43.

Tharimmune Company Profile

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Tharimmune, Inc (NASDAQ:THAR) is a clinical-stage biotechnology company developing therapeutic candidates for immune-mediated and inflammatory diseases. The company focuses on conditions with significant unmet medical needs, including chronic pruritus and other disorders associated with dysregulated immune responses.

Tharimmune’s lead program, TH104, is an investigational buprenorphine-based therapy designed for the treatment of cholestatic pruritus associated with primary biliary cholangitis, a chronic liver disease.

Further Reading

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