Imago BioSciences Inc. (NASDAQ:IMGO) traded at a new 52-week high today of $26.00. So far today approximately 121,000 shares have been exchanged, as compared to an average 30-day volume of 137,000 shares.
Imago BioSciences Inc is a clinical-stage biopharmaceutical company discovering and developing novel small molecule product candidates that target lysine-specific demethylase 1 (LSD1), an enzyme that plays a central role in the production of blood cells in the bone marrow. It is focused on improving the quality and length of life for patients with cancer and bone marrow diseases. Bomedemstat, an orally available, small molecule inhibitor of LSD1, is the product candidate discovered by Imago for the treatment of certain myeloproliferative neoplasms (MPNs), a family of related, chronic cancers of the bone marrow. Imago is evaluating Bomedemstat as a potentially disease-modifying therapy in two Phase 2 clinical trials for the treatment of essential thrombocythemia (ET) and myelofibrosis (MF).
Imago BioSciences Inc. share prices have moved between a 52-week high of $26.00 and a 52-week low of $14.99 and are now trading 58% above that low price at $23.70 per share.
Imago BioSciences Inc. (NASDAQ:IMGO) defies analysts with a current price ($23.70) 18.1% above its average consensus price target of $19.42.
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