GenSight Biologics (OTCMKTS:GSGTF) Shares Down 25% – Here’s Why

GenSight Biologics S.A. (OTCMKTS:GSGTFGet Free Report) shares dropped 25% on Wednesday . The company traded as low as $0.24 and last traded at $0.24. Approximately 4,012 shares changed hands during trading, an increase of 588% from the average daily volume of 583 shares. The stock had previously closed at $0.32.

GenSight Biologics Stock Down 25.0 %

The company’s fifty day simple moving average is $0.32 and its 200-day simple moving average is $0.34.

About GenSight Biologics

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GenSight Biologics SA, a clinical-stage biotechnology company, discovers, develops, and commercializes therapies for mitochondrial and neurodegenerative retinal diseases of the eye and central nervous system. The company develops its products through gene therapy-based mitochondrial targeting sequence and optogenetics technology platforms.

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