PRFX - Shares of PainReform Ltd. (PRFX) Fall to a New 52-Week Low
Shares of PainReform Ltd. (NASDAQ:PRFX) traded today at $3.09, breaking its 52-week low. Approximately 500,000 shares have changed hands today, as compared to an average 30-day volume of 136,000 shares.
Potential upside of 40.2% exists for PainReform Ltd., based on a current level of $3.12 and analysts' average consensus price target of $4.38.
PainReform Ltd is a clinical-stage specialty pharmaceutical company. It is focused on the reformulation of established therapeutics. The company's product PRF-110 is based on the local anesthetic ropivacaine, targeting the post-operative pain relief market. PRF-110 is an oil-based, viscous, clear solution that is deposited directly into the surgical wound bed before closure to provide localized and extended post-operative analgesia.
PainReform Ltd. share prices have moved between a 52-week high of $7.85 and the current low of $3.09 and are currently at $3.12 per share.
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