Shares of Anavex Life Sciences Corp. (AVXL) Rise to a New 52-Week High

June 28, 2021 10:34:15

Shares of Anavex Life Sciences Corp. (NASDAQ:AVXL) traded at a new 52-week high today of $30.55. Approximately 1.9 million shares have changed hands today, as compared to an average 30-day volume of 2.2 million shares.

Anavex Life Sciences Corp. (NASDAQ:AVXL) is currently priced 21.8% above its average consensus analyst price target of $22.14.

In the past 52 weeks, Anavex Life Sciences Corp. share prices are bracketed by a low of $3.65 and a high of $30.55 and is now at $28.30, 674% above that low price.

Anavex Life Sciences Corp is a clinical-stage biopharmaceutical company engaged in the development of differentiated therapeutics by applying precision medicine to central nervous system diseases with high unmet need. It analyzes genomic data from clinical studies to identify biomarkers, which are used to select patients that will receive the therapeutic benefit for the treatment of neurodegenerative and neurodevelopmental diseases. Its lead compound ANAVEX 2-73 is being developed to treat Alzheimer’s disease, Parkinson’s disease, and potentially other central nervous system diseases, including rare diseases, such as Rett syndrome, a rare severe neurological monogenic disorder caused by mutations in the X-linked gene, methyl-CpG-binding protein 2.

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