Codexis Inc. (NASDAQ:CDXS) traded today at a new 52-week high of $33.20. So far today approximately 299,000 shares have been exchanged, as compared to an average 30-day volume of 866,000 shares.
Codexis Inc. share prices have moved between a 52-week high of $33.20 and a 52-week low of $12.79 and are now trading 153% above that low price at $32.32 per share.
Codexis Inc is involved in the business of providing enzyme optimization services, commercialization of proteins, and developing biocatalyst products. The firm's products and services include Screening and Evolution services, Enzymes, Screening Kits. It also develops protein engineering and biocatalyst platforms such as Codeevolver, Ketoreductases, Transminases, Imine reductases, etc. The company operates in two business segments namely Performance Enzymes and Novel Biotherapeutics. It generates maximum revenue from the Performance Enzymes segment.
Potential upside of 9.9% exists for Codexis Inc., based on a current level of $32.32 and analysts' average consensus price target of $35.52.
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