Relief Therapeutics Holding SA (OTCMKTS:RLFTF) Stock Falls 5% In a Week: Here is Why

Participation in major industry related investors conferences is almost always a good thing for any company and hence, it may be a good idea for investors to take a look at Relief Therapeutics Holding SA (OTCMKTS:RLFTF) stock today.

Trading Data

On Monday, RLFTF stock lowered by 1.23% to $0.0641 with more than 3 million shares, compared to its average volume of 5.43 million shares. The stock has moved within a range of $0.0620 – 0.0660 after opening trade at $0.0620.

Life Sciences Companies Investor Presentations Now Available for On-Demand Viewing

Last week, the company had participated in the Life Sciences Virtual Investor Conference that had taken place on December 16. At the conference, Relief Therapeutics had also made a presentation. The conference is regarded as one of the more important proprietary investor series of conferences and hence, participation in the event was particularly important for the company.

In this context, it should be noted that the development did not lead to any particular boost for the Relief stock, which ended up with a decline of 5% on Monday.

As it happens, the organiser of the conference, Virtual Investors Conferences, announced that the presentations made by many of the companies at the event had been made available for on demand viewing by those who may be interested. Those who are interested in Relief Therapeutics could do well to take a look at the presentation made by the company at the event and get an idea about its business.

Technical Data

RLFTF stock is trading below the 20-Day and 50-Day Moving averages of $0.0671 and $0.0775 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.1911. The stock is down 5% in the past week.