Silo Pharma, Inc. (NASDAQ:SILO – Get Free Report) rose 1.2% during mid-day trading on Wednesday . The stock traded as high as $1.77 and last traded at $1.72. Approximately 234,594 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 7,963,822 shares. The stock had previously closed at $1.70.
Silo Pharma Trading Down 1.8 %
The company has a 50 day moving average of $1.32 and a 200 day moving average of $1.28.
Silo Pharma (NASDAQ:SILO – Get Free Report) last issued its earnings results on Tuesday, November 12th. The company reported ($0.22) earnings per share for the quarter. The business had revenue of $0.02 million for the quarter. Silo Pharma had a negative return on equity of 61.38% and a negative net margin of 5,255.05%.
About Silo Pharma
Silo Pharma Inc operates as a developmental stage biopharmaceutical company. The company is developing therapeutics that address underserved conditions, including stress-induced psychiatric disorders, chronic pain conditions, and central nervous system (CNS) diseases. It focuses on developing traditional therapies and psychedelic treatments in formulations and drug delivery systems.
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