GRI Bio (NASDAQ:GRI) Stock Price Down 2.8%

GRI Bio, Inc. (NASDAQ:GRIGet Free Report)’s share price traded down 2.8% on Tuesday . The company traded as low as 0.43 and last traded at 0.45. 143,300 shares changed hands during trading, a decline of 77% from the average session volume of 616,372 shares. The stock had previously closed at 0.46.

GRI Bio Stock Performance

The company has a market cap of $1.43 million, a P/E ratio of -0.01 and a beta of -1.77. The stock’s fifty day moving average price is 0.74 and its two-hundred day moving average price is 3.34.

About GRI Bio

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GRI Bio, Inc, a clinical-stage biopharmaceutical company, focuses on treating inflammatory, fibrotic, and autoimmune diseases in the United States. Its product pipeline comprises GRI-0621, which is in phase II clinical development for the treatment of idiopathic pulmonary fibrosis; GRI-0803 which is in phase I trial for the treatment of systematic lupus erythematosus; GRI-0124, which is in pre-clinical development for the treatment of primary sclerosing cholangitis; and GRI-0729 in pre-clinical development.

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