Shares of Exelixis Inc. (NASDAQ:EXEL) traded at a new 52-week low today of $16.51. This new low was reached on below average trading volume as 1.4 million shares traded hands, while the average 30-day volume is approximately 2.8 million shares.
Exelixis Inc is a biopharmaceutical firm that discovers, develops, and commercializes treatments for cancer. Its lead molecule cabozantinib is indicated for the treatment of patients with metastatic medullary thyroid cancer (as Cometriq) and advanced renal cell carcinoma, or kidney cancer, and hepatocellular carcinoma, or liver cancer (as Cabometyx). Exelixis and partner Roche have also brought Cotellic to market for the treatment of melanoma.
Exelixis Inc. (NASDAQ:EXEL) has potential upside of 71.8% based on a current price of $16.70 and analysts’ consensus price target of $28.70.
Exelixis Inc. share prices have moved between a 52-week high of $27.35 and the current low of $16.51 and are currently at $16.70 per share.
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