AVDL - Shares of Avadel Pharmaceuticals plc (AVDL) Rise Above Previous 52-Week High

Avadel Pharmaceuticals plc (NASDAQ:AVDL) traded at a new 52-week high today of $15.50. This new high was reached on above average trading volume as 38.6 million shares traded hands, while the average 30-day volume is approximately 378,000 shares.

Over the past year, Avadel Pharmaceuticals plc has traded in a range of $1.01 to $11.59 and is now at $6.76.

Avadel Pharmaceuticals PLC is a specialty pharmaceutical company. It identifies, develops, and commercializes branded pharmaceutical products including controlled-release therapeutic products based on its proprietary drug delivery technologies in the United States. The company markets products in both the primary care and sterile injectables markets. Its products portfolio includes Bloxiverz, Vazculep (phenylephrine hydrochloride injection), Akovaz (ephedrine sulfate injection), Karbinal ER (carbinoxamine maleate extended-release oral suspension), AcipHex Sprinkle (rabeprazole sodium), Cefaclor for Oral Suspension, 125 mg/5 mL, 250 mg/5 mL and 375 mg/5 mL, and Flexichamber. Majority of the revenue is derived from the United States.

Avadel Pharmaceuticals plc (NASDAQ:AVDL) is currently priced 0.4% above its average consensus analyst price target of $6.73.

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