Nemus Bioscience (OTCMKTS:NMUS) Shares Pass Below Fifty Day Moving Average – What’s Next?

Shares of Nemus Bioscience Inc (OTCMKTS:NMUSGet Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.78 and traded as low as $0.72. Nemus Bioscience shares last traded at $0.7701, with a volume of 168,687 shares trading hands.

Nemus Bioscience Price Performance

The company’s 50 day moving average price is $0.78. The stock has a market capitalization of $103.12 million, a PE ratio of -8.56 and a beta of -0.04.

About Nemus Bioscience

(Get Free Report)

Nemus Bioscience, Inc is an early?stage biopharmaceutical company developing proprietary prodrug cannabinoid therapeutics for ophthalmic, dermatological and metabolic diseases. The company leverages synthetic derivatives of naturally occurring cannabinoids, designed to improve bioavailability, tissue targeting and therapeutic efficacy. Nemus operates under an OTCMKTS listing and is headquartered in Houston, Texas.

The company’s pipeline includes multiple preclinical candidates, with lead programs focusing on ophthalmic and dermatological indications.

Further Reading

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