Pharvaris NV Shares Slide Below Key Moving Average

During Monday’s trading, Pharvaris NV (Symbol: PHVS) saw its shares dip below the critical 200-day moving average, which stands at $21.14. The stock traded as low as $21.10, marking a decline of approximately 6% for the day. The accompanying chart illustrates the performance of PHVS shares over the past year in relation to the 200-day moving average:

Reviewing the chart, it’s noteworthy that Pharvaris’s shares have reached a low of $15 over the past 52 weeks, while their highest point hit $33. As of the last trade, shares are priced at $21.25.

Click here to find out which 9 other stocks recently crossed below their 200-day moving average »

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.