Pasithea Therapeutics (NASDAQ:KTTA) Stock Price Down 3.4% – Time to Sell?

Shares of Pasithea Therapeutics Corp. (NASDAQ:KTTAGet Free Report) fell 3.4% during trading on Friday . The stock traded as low as $0.75 and last traded at $0.75. 299,809 shares changed hands during trading, a decline of 86% from the average session volume of 2,073,040 shares. The stock had previously closed at $0.77.

Pasithea Therapeutics Stock Down 3.4%

The company has a market cap of $5.57 million, a price-to-earnings ratio of -0.07 and a beta of 0.33. The company’s 50-day moving average is $1.10 and its 200 day moving average is $1.66.

Pasithea Therapeutics (NASDAQ:KTTAGet Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported ($1.61) 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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