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Why BioXcel Therapeutics Is Trading Lower Today

April 1, 2021 9:53 am
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BioXcel Therapeutics's Stock Price And Volume Action

BioXcel Therapeutics (NASDAQ:BTAI) is currently down 12.05% to a price of $38.97. The stock's current volume for the day is 66.84 thousand, which is approximately 13.37% of its previous 30-day average volume of 499.89 thousand.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: BioXcel Therapeutics shares are trading lower after the company announced topline results from its Phase 1b/2 proof-of-concept RELEASE study of BXCL501.

Insights On Recent Price Action

The 50-day moving average price of BioXcel Therapeutics's stock was $50.16 when this article was published. The stock reached a high of $71.5 and a low of $16.0 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.

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