Shares of Legend Biotech Corporation (NASDAQ:LEGN) traded today at $45.87, eclipsing its 52-week high. So far today approximately 149,000 shares have been exchanged, as compared to an average 30-day volume of 422,000 shares.
Legend Biotech Corp is a clinical-stage biopharmaceutical company. It is engaged in the discovery and development of novel cell therapies for oncology and other indications. The firm’s lead product candidate, LCAR-B38M/JNJ-4528, is a chimeric antigen receptor, or CAR, T cell therapy is for the treatment of multiple myeloma. Geographically, the company generates a majority of its revenue from North America.
Legend Biotech Corporation (NASDAQ:LEGN) is currently priced 20.0% above its average consensus analyst price target of $35.75.
Over the past year, Legend Biotech Corporation has traded in a range of $23.41 to $45.87 and is now at $44.71, 91% above that low.
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