Silverback Therapeutics (NASDAQ:SBTX) Stock Price Up 0.8%

Silverback Therapeutics, Inc. (NASDAQ:SBTXGet Free Report) shares traded up 0.8% on Tuesday . The company traded as high as $13.31 and last traded at $13.05. 1,265,037 shares traded hands during trading, an increase of 274% from the average session volume of 337,931 shares. The stock had previously closed at $12.95.

Silverback Therapeutics Price Performance

The stock has a market capitalization of $470.56 million, a PE ratio of -5.39 and a beta of 0.60. The business’s fifty day moving average price is $11.64 and its two-hundred day moving average price is $9.87.

About Silverback Therapeutics

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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.

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