Shares of AVEO Pharmaceuticals Inc. (NASDAQ:AVEO) traded today at $12.76, eclipsing its 52-week high. This new high was reached on above average trading volume as 5.2 million shares traded hands, while the average 30-day volume is approximately 436,000 shares.
Based on a current price of $11.75, AVEO Pharmaceuticals Inc. is currently 95.1% above its average consensus analyst price target of $0.57.
In the past 52 weeks, AVEO Pharmaceuticals Inc. share prices are bracketed by a low of $2.23 and a high of $12.76 and is now at $11.75, 427% above that low price.
AVEO Pharmaceuticals Inc is a biopharmaceutical company dedicated to advancing a broad portfolio of targeted medicines for oncology and other areas of unmet medical need. The Company’s aim is to retain North American rights to its oncology portfolio while securing partners in development and commercialization outside of North America. It is seeking to develop and commercialize its lead candidate tivozanib in North America as a treatment for advanced or metastatic renal cell carcinoma (RCC). It has outlicensed tivozanib (FOTIVDA) for oncology in Europe and other territories outside North America.
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