AlloVir, Inc. (NASDAQ:ALVR – Get Free Report)’s stock price dropped 2.4% during mid-day trading on Thursday. The company traded as low as $1.95 and last traded at $2.02. 84,364 shares changed hands during trading, an increase of 438% from the average daily volume of 15,685 shares. The stock had previously closed at $2.07.
AlloVir Trading Down 2.4%
The company has a market cap of $10.19 million, a P/E ratio of -0.10 and a beta of 0.63. The stock’s 50 day moving average is $3.24 and its 200-day moving average is $4.26.
AlloVir Company Profile
AlloVir, Inc was a clinical-stage biotechnology company focused on developing allogeneic, or donor-derived, virus-specific T-cell therapies for patients whose immune systems are compromised and who are unable to effectively fight viral infections. Its approach was designed to restore or enhance antiviral immunity without requiring the patient to generate an effective immune response independently.
The company’s pipeline included posoleucel, also known as ALVR105, an investigational multi-virus-specific T-cell therapy targeting infections caused by adenovirus, cytomegalovirus, Epstein-Barr virus, human herpesvirus 6, BK virus and JC virus.
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