Graybug Vision (NASDAQ:GRAY) Trading 3% Higher

Graybug Vision, Inc. (NASDAQ:GRAYGet Free Report)’s stock price traded up 3% during mid-day trading on Friday . The stock traded as high as $5.58 and last traded at $5.45. 8,939 shares changed hands during trading, an increase of 313% from the average session volume of 2,165 shares. The stock had previously closed at $5.29.

Graybug Vision Price Performance

The company has a market cap of $8.56 million, a P/E ratio of -0.22 and a beta of 1.20. The company has a 50 day moving average of $4.32 and a 200-day moving average of $3.86.

About Graybug Vision

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Graybug Vision, Inc, a clinical-stage biopharmaceutical company, focuses on the development of medicines for the treatment of diseases of the retina and optic nerve. The company's lead product candidate is GB-102, an intravitreal injection of a microparticle depot formulation of sunitinib that is in Phase I/IIa and IIb clinical trials for the treatment of wet age-related macular degeneration, as well as in Phase IIa clinical trial to treat diabetic macular edema.

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