Shares of Adagio Therapeutics Inc. (NASDAQ:ADGI) traded at a new 52-week high today of $40.47. This new high was reached on below average trading volume as 137,000 shares traded hands, while the average 30-day volume is approximately 507,000 shares.
Adagio Therapeutics Inc is a clinical-stage biopharmaceutical company. It is focused on the discovery, development and commercialization of antibody-based solutions for infectious diseases with pandemic potential. The company's lead product candidate, ADG20 is developed for the treatment and prevention of coronavirus disease 2019, or COVID-19, the disease caused by the virus SARS-CoV-2 and its variants.
In the past 52 weeks, Adagio Therapeutics Inc. share prices are bracketed by a low of $20.50 and a high of $40.47 and is now at $40.32, 97% above that low price.
Based on a current price of $40.32, Adagio Therapeutics Inc. is currently 43.9% above its average consensus analyst price target of $22.62.
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