Genfit (OTCMKTS:GNFTF) Stock Price Down 40.2% – Should You Sell?

Genfit S.A. (OTCMKTS:GNFTF)’s stock price was down 40.2% on Friday . The stock traded as low as $3.32 and last traded at $3.32. Approximately 100 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 588 shares. The stock had previously closed at $5.55.

Genfit Stock Performance

The business’s 50 day simple moving average is $5.51 and its 200-day simple moving average is $5.15.

About Genfit

Genfit SA, a late-stage biopharmaceutical company, discovers and develops drug candidates and diagnostic solutions for metabolic and liver-related diseases. The company develops Elafibranor, which is in Phase III clinical trial to treat patients with primary biliary cholangitis. It also engages in the development of NIS4 technology for the diagnosis of nonalcoholic steatohepatitis (NASH) and fibrosis; VS-01 for the treatment of Urea Cycle Disorder (UCD) and Organic Acidemia Disorder (OAD); GNS561, which is in Phase 1b/2a trial to treat patients with cholangiocarcinoma (CCA); VS-01-ACLF and Nitazoxanide (NTZ), which is in Phase 1 trial to treat acute-on-chronic liver failure, as well as VS-02-HE, which is in preclinical trial for the treatment of Reduction of Hyperammonemia and the Stabilization of Blood Ammonia; CML-022; SRT-015, an ASK1 inhibitor targets the inhibition of cellular apoptosis, inflammation, and fibrosis.