Entero Therapeutics (NASDAQ:ENTO) Stock Price Down 5.3% – Here’s Why

Shares of Entero Therapeutics, Inc. (NASDAQ:ENTOGet Free Report) were down 5.3% during mid-day trading on Tuesday . The stock traded as low as $0.37 and last traded at $0.40. Approximately 179,837 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 452,608 shares. The stock had previously closed at $0.42.

Entero Therapeutics Trading Down 5.3%

The stock has a fifty day simple moving average of $0.44 and a two-hundred day simple moving average of $0.52.

Entero Therapeutics Company Profile

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Entero Therapeutics, Inc, a clinical-stage biopharmaceutical company, engages in the development of targeted and orally delivered therapies for the treatment of patients with gastrointestinal diseases. The company's pipeline candidates include latiglutenase, a targeted oral biotherapeutic for celiac disease designed to breakdown gluten into non-immunogenic peptides, currently under Phase 2 studies; and capeserod, a selective 5-HT4 receptor partial agonist under Phase 1 studies for the treatment of gastroparesis.

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