Cyclerion Therapeutics (NASDAQ:CYCN) Trading Down 3.3% – Here’s What Happened

Cyclerion Therapeutics, Inc. (NASDAQ:CYCNGet Free Report)’s stock price dropped 3.3% during trading on Wednesday . The stock traded as low as $2.30 and last traded at $2.37. Approximately 8,751 shares traded hands during trading, a decline of 85% from the average daily volume of 56,875 shares. The stock had previously closed at $2.45.

Cyclerion Therapeutics Trading Down 3.3 %

The stock has a 50-day simple moving average of $3.05 and a 200 day simple moving average of $2.91.

Cyclerion Therapeutics Company Profile

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Cyclerion Therapeutics, Inc, a biopharmaceutical company, develops treatments for serious diseases. It is developing Olinciguat, an orally administered vascular soluble guanylate cyclase (sGC) stimulator, which is in Phase 2 clinical trial to out-license for cardiovascular diseases; and Praliciguat, a systemic sGC stimulator that is licensed to Akebia Therapeutics, Inc for the treatment of rare kidney disease.

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