Why Arbutus Biopharma's Stock Is Trading Lower Today

Arbutus Biopharma's Stock Price And Volume Action

Arbutus Biopharma's ABUS stock has been falling Wednesday, down 10.22% to a price of $3.02. The stock's volume is currently 1.60 million, which is roughly 131.99% of its recent 30-day volume average of 1.22 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Arbutus Biopharma shares are trading lower after the company reported worse-than-expected Q1 sales results.

Further Analysis of Recent Price Action

The 50-day moving average price of Arbutus Biopharma's stock was $3.45 when this article was published. The stock reached a high of $9.02 and a low of $1.07 in the past 52 weeks.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.