RANI - Rani Therapeutics Holdings Inc. Looks to Continue to Trade Above its Annual-High Share Price Today
Rani Therapeutics Holdings Inc. (NASDAQ:RANI) traded at a new 52-week high today of $21.45. This new high was reached on below average trading volume as 881,000 shares traded hands, while the average 30-day volume is approximately 0,000 shares.
Rani Therapeutics Holdings Inc is a clinical stage biotherapeutics company advancing technologies to enable the development of orally administered biologics. It has developed the RaniPill capsule, proprietary and patented platform technology, intended to replace subcutaneous or IV injection of biologics with oral dosing.
Over the past year, Rani Therapeutics Holdings Inc. has traded in a range of $9.24 to $21.45 and is now at $17.82, 93% above that low.
Rani Therapeutics Holdings Inc. (NASDAQ:RANI) is currently priced 40.5% above its average consensus analyst price target of $10.61.
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