Tharimmune (NASDAQ:THAR) Shares Cross Above 50 Day Moving Average – Here’s What Happened

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 changing hands.

Tharimmune Price Performance

The company has a market capitalization of $81.50 million, a PE ratio of -0.54 and a beta of 1.43. The company has a 50 day moving average of $2.14 and a two-hundred day moving average of $2.97.

About Tharimmune

(Get Free Report)

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.

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