Shares of Chiasma Inc. (NASDAQ:CHMA) traded today at $2.79, breaking its 52-week low. This new low was reached on below average trading volume as 275,000 shares traded hands, while the average 30-day volume is approximately 2.1 million shares.
Chiasma Inc. (NASDAQ:CHMA) has potential upside of 7.2% based on a current price of $2.86 and analysts’ consensus price target of $3.07.
Chiasma Inc. share prices have moved between a 52-week high of $7.75 and the current low of $2.79 and are currently at $2.86 per share.
Chiasma Inc is a biopharmaceutical company that focuses on improving the lives of patients who face challenges associated with existing treatments for their rare and debilitating diseases. Its product candidate includes octreotide capsule which has completed Phase III clinical trial and it is being developed for the potential treatment of acromegaly, a rare, debilitating disease. The company offers its products in the United States and the European Union.
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