Silo Pharma (NASDAQ:SILO) Trading Down 7.1% – What’s Next?

Silo Pharma, Inc. (NASDAQ:SILOGet Free Report) traded down 7.1% during trading on Friday . The stock traded as low as $1.05 and last traded at $1.05. 143,042 shares were traded during trading, a decline of 91% from the average session volume of 1,661,006 shares. The stock had previously closed at $1.13.

Silo Pharma Trading Down 7.1 %

The firm has a 50-day moving average of $1.12 and a 200 day moving average of $1.44.

Silo Pharma (NASDAQ:SILOGet Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The company reported ($0.31) EPS for the quarter. Silo Pharma had a negative net margin of 4,881.57% and a negative return on equity of 55.30%. The company had revenue of $0.02 million for the quarter.

About Silo Pharma

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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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