BioNTech SE (NASDAQ:BNTX) traded at a new 52-week high today of $275.36. Approximately 421,000 shares have changed hands today, as compared to an average 30-day volume of 2.5 million shares.
Based on a current price of $273.00, BioNTech SE is currently 98.9% above its average consensus analyst price target of $2.98.
BioNTech is a Germany-based biotechnology company that focuses on developing cancer therapeutics, including individualized immunotherapy, as well as vaccines for infectious diseases, including COVID-19. The company’s oncology pipeline contains several classes of drugs, including mRNA-based drugs to encode antigens, neoantigens, cytokines, and antibodies; cell therapies; bispecific antibodies; and small-molecule immunomodulators. BioNTech is partnered with several large pharmaceutical companies, including Roche, Eli Lilly, Pfizer, Sanofi, and Genmab. Comirnaty (COVID-19 vaccine) is its first commercialized product.
BioNTech SE share prices have moved between a 52-week high of $275.36 and a 52-week low of $54.10 and are now trading 405% above that low price at $273.00 per share.
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