Shares of Schrodinger Inc. (NASDAQ:SDGR) traded at a new 52-week high today of $110.78. This new high was reached on below average trading volume as 240,000 shares traded hands, while the average 30-day volume is approximately 671,000 shares.
Schrodinger Inc is a healthcare-based software company. Its operating segments are Software and Drug discovery. Through the Software segment, the company is focused on selling software to transform drug discovery across the life sciences industry and customers in materials science industries. In the Drug discovery segment, it is engaged in generating revenue from a portfolio of preclinical and clinical programs, internally and through collaborations. Schrodinger generates revenue from the sales of software solutions and from research funding and milestone payments from its drug discovery collaborations.
Schrodinger Inc. has overhead space with shares priced $109.00, or 2.9% below the average consensus analyst price target of $112.26.
In the past 52 weeks, shares of Schrodinger Inc. have traded between a low of $26.06 and a high of $110.78 and is now at $109.00, which is 318% above that low price.
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