Gyre Therapeutics (NASDAQ:GYRE) Trading 9.2% Higher

Shares of Gyre Therapeutics, Inc. (NASDAQ:GYREGet Free Report) traded up 9.2% during trading on Thursday . The stock traded as high as $15.72 and last traded at $15.14. 36,442 shares traded hands during trading, a decline of 56% from the average session volume of 82,304 shares. The stock had previously closed at $13.86.

Gyre Therapeutics Price Performance

The firm’s 50-day simple moving average is $17.68. The stock has a market cap of $1.21 billion, a PE ratio of -0.67 and a beta of 2.13.

Gyre Therapeutics Company Profile

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Gyre Therapeutics, Inc, a biopharmaceutical company, primarily focuses on the development and commercialization of Hydronidone for the treatment of Metabolic Dysfunction Associated Steatohepatitis in the United States. Its Hydronidone is also being evaluated for the treatment of liver fibrosis across a spectrum of chronic liver diseases.

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