Shares of Calithera Biosciences Inc. (NASDAQ:CALA) traded today at $1.86, breaking its 52-week low. This new low was reached on approximately average trading volume as 760,000 shares traded hands, while the average 30-day volume is approximately 1.1 million shares.
Calithera Biosciences Inc. (NASDAQ:CALA) has potential upside of 16.6% based on a current price of $1.91 and analysts’ consensus price target of $2.23.
Calithera Biosciences Inc is a clinical-stage pharmaceutical company. The business activity of the firm is functioned through the region of US. It focuses on discovering and developing small molecule drugs directed against tumor and immune cell targets that control key metabolic pathways in the tumor microenvironment. Its lead product candidate is CB-839, an inhibitor of glutaminase for the treatment of solid tumors. Its other product candidate, CB-1158, is being developed for hematology and oncology indications.
In the past 52 weeks, shares of Calithera Biosciences Inc. have traded between the current low of $1.86 and a high of $6.18 and is now at $1.91.
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