Shares of Lyra Therapeutics Inc. (NASDAQ:LYRA) traded at a new 52-week low today of $6.36. So far today approximately 133,000 shares have been exchanged, as compared to an average 30-day volume of 129,000 shares.
Lyra Therapeutics Inc a clinical-stage therapeutics company focused on the development and commercialization of novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose and throat diseases. The company’s technology platform, XTreo, is designed to precisely and consistently deliver medicines directly to the affected tissue for sustained periods with a single administration.
In the past 52 weeks, shares of Lyra Therapeutics Inc. have traded between the current low of $6.36 and a high of $16.50 and is now at $6.36.
Based on a current price of $6.36, Lyra Therapeutics Inc. is currently 9.3% above its average consensus analyst price target of $5.77.
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