Nuvilex (NASDAQ:PMCB) Stock Price Down 3.4% – Here’s Why

Shares of Nuvilex Inc. (NASDAQ:PMCBGet Free Report) were down 3.4% during trading on Thursday . The company traded as low as $1.10 and last traded at $1.10. Approximately 4,487 shares changed hands during trading, a decline of 77% from the average daily volume of 19,567 shares. The stock had previously closed at $1.14.

Nuvilex Stock Performance

The firm has a market capitalization of $7.55 million, a price-to-earnings ratio of 1.49 and a beta of -0.42. The business has a fifty day moving average price of $1.08 and a 200 day moving average price of $1.38.

About Nuvilex

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PharmaCyte Biotech, Inc, a biotechnology company, develops and commercializes cellular therapies for cancer in the United States. Its cellular therapies are developed based on Cell-in-a-Box, a proprietary cellulose-based live cell encapsulation technology used as a platform to treat various types of cancer, including advanced and inoperable pancreatic cancer.

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