Shares of CohBar, Inc. (NASDAQ:CWBR – Get Free Report) dropped 8.9% during mid-day trading on Thursday . The company traded as low as $0.31 and last traded at $0.41. Approximately 1,174 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 2,958 shares. The stock had previously closed at $0.45.
CohBar Stock Performance
The business’s 50 day simple moving average is $0.50 and its 200-day simple moving average is $0.46.
About CohBar
CohBar, Inc, a clinical stage biotechnology company, develops mitochondria and peptides based therapeutics for the treatment of chronic and age-related diseases. It develops CB4211, a therapeutic that is in Phase 1a/1b clinical trial for the treatment of nonalcoholic steatohepatitis and obesity; and CB5138 Analogs, which is in preclinical study to treat idiopathic pulmonary fibrosis and other fibrotic diseases.
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