AlloVir (NASDAQ:ALVR) Shares Up 4.1% – Time to Buy?

AlloVir, Inc. (NASDAQ:ALVRGet Free Report) shares were up 4.1% during mid-day trading on Thursday . The stock traded as high as $4.7491 and last traded at $4.55. 82,457 shares were traded during trading, an increase of 426% from the average session volume of 15,685 shares. The stock had previously closed at $4.37.

AlloVir Price Performance

The firm has a market capitalization of $22.95 million, a price-to-earnings ratio of -0.22 and a beta of 0.63. The business has a fifty day moving average price of $5.25 and a two-hundred day moving average price of $7.38.

About AlloVir

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AlloVir, Inc is a clinical-stage biopharmaceutical company specializing in the development of off-the-shelf, allogeneic virus-specific T-cell immunotherapies for the prevention and treatment of life-threatening viral infections in immunocompromised patients. The company’s proprietary Multi-Virus-Targeting Cell (MTC) platform enables the rapid identification, isolation and expansion of virus-specific T cells from healthy donors, with the aim of offering broad coverage against multiple clinically significant viruses.

AlloVir’s pipeline includes several product candidates designed to address unmet needs in transplant medicine and other immunosuppressed settings.

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