Why Equillium's Stock is Up During Today's Session
The Price And Volume Action In Equillium's Stock Today
Equillium's (NASDAQ:EQ) stock has been rising Wednesday, up 9.92% to a price of $7.0. The stock's volume is currently 198.31 thousand, which is roughly 69.83% of its recent 30-day volume average of 284.00 thousand.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Equillium shares are trading higher after the company announced "favorable" topline data from the Type A group of the EQUALISE study in patients with systemic lupus erythematosus.
Further Analysis of Recent Price Action
The stock's 50-day moving average was $7.55 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $27.05 and fallen to a low of $2.3.
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