TNF Pharmaceuticals (NASDAQ:TNFA) Stock Price Down 4.5% – Here’s Why

TNF Pharmaceuticals, Inc. (NASDAQ:TNFAGet Free Report)’s share price fell 4.5% during trading on Thursday . The stock traded as low as $3.80 and last traded at $3.84. 361,715 shares were traded during mid-day trading, a decline of 90% from the average session volume of 3,511,287 shares. The stock had previously closed at $4.02.

TNF Pharmaceuticals Stock Performance

The stock has a market capitalization of $7.09 million, a PE ratio of -0.02 and a beta of 2.04. The company’s fifty day simple moving average is $4.15 and its two-hundred day simple moving average is $4.28.

About TNF Pharmaceuticals

(Get Free Report)

TNF Pharmaceuticals, Inc operates as a clinical stage pharmaceutical company. It focuses on developing two novel therapeutic platforms that treat the causes of disease rather than addressing the symptoms. Its MYMD-1 is a drug platform based on a clinical stage small molecule that regulates the immune system to control TNF-a, which drives chronic inflammation, and other pro-inflammatory cell signaling cytokines. The MYMD-1 is being developed to delay aging, increase longevity, and treat autoimmune diseases.

Recommended Stories

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