Concert Pharmaceuticals Inc. Looks to Continue to Trade Below its Annual-Low Share Price Today

April 21, 2021 10:24:11

Concert Pharmaceuticals Inc. (NASDAQ:CNCE) traded at a new 52-week low today of $4.15. So far today approximately 704,000 shares have been exchanged, as compared to an average 30-day volume of 381,000 shares.

Potential upside of 14.8% exists for Concert Pharmaceuticals Inc., based on a current level of $4.18 and analysts’ average consensus price target of $4.80.

Concert Pharmaceuticals Inc is a clinical-stage biopharmaceutical company. The company aims to discover and develop small-molecule drugs by incorporating new elements into known molecules or by leveraging the currently approved drugs to be used for new treatments. The pipeline consists of small molecules designed for oral administration to cure cystic fibrosis, inflammation, narcolepsy, residual schizophrenia, major depressive disorder, and Alzheimer’s agitation.

Concert Pharmaceuticals Inc. share prices have moved between a 52-week high of $13.50 and the current low of $4.15 and are currently at $4.18 per share.

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