Shares of Concert Pharmaceuticals Inc. (NASDAQ:CNCE) traded today at $4.49, breaking its 52-week low. This new low was reached on above average trading volume as 704,000 shares traded hands, while the average 30-day volume is approximately 356,000 shares.
There is potential upside of 7.5% for shares of Concert Pharmaceuticals Inc. based on a current price of $4.69 and an average consensus analyst price target of $5.04.
Concert Pharmaceuticals Inc is a clinical-stage biopharmaceutical company. The company aims to discover and develop small-molecule drugs by incorporating new elements into known molecules or by leveraging the currently approved drugs to be used for new treatments. The pipeline consists of small molecules designed for oral administration to cure cystic fibrosis, inflammation, narcolepsy, residual schizophrenia, major depressive disorder, and Alzheimer's agitation.
Over the past year, Concert Pharmaceuticals Inc. has traded in a range of $4.49 to $13.50 and is now at $4.69.
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