Seelos Therapeutics (NASDAQ:SEEL) Shares Down 4.3% – What’s Next?

Seelos Therapeutics, Inc. (NASDAQ:SEELGet Free Report)’s share price dropped 4.3% during trading on Monday . The stock traded as low as $0.22 and last traded at $0.22. Approximately 14,087 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 174,745 shares. The stock had previously closed at $0.23.

Seelos Therapeutics Price Performance

The company has a 50-day simple moving average of $0.53 and a 200 day simple moving average of $3.92.

About Seelos Therapeutics

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Seelos Therapeutics, Inc, a clinical-stage biopharmaceutical company, focuses on the development and commercialization of therapeutics for the treatment of central nervous system, respiratory, and other disorders. The company's lead programs are SLS-002, an intranasal racemic ketamine for the treatment of acute suicidal ideation and behavior in patients with major depressive disorders; SLS-005, a protein stabilizer for the treatment of amyotrophic lateral sclerosis and Sanfilippo syndrome; and SLS-006, a partial dopamine agonist for the treatment of patients with Parkinson's disease (PD).

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