Opiant Pharmaceuticals Inc. (NASDAQ:OPNT) traded today at a new 52-week high of $22.31. Approximately 949,000 shares have changed hands today, as compared to an average 30-day volume of 46,000 shares.
There is potential upside of 26.7% for shares of Opiant Pharmaceuticals Inc. based on a current price of $22.00 and an average consensus analyst price target of $27.88.
Opiant Pharmaceuticals Inc is a specialty pharmaceutical company operating in the US. It develops pharmacological treatments for substance use, addictive and eating disorders. The company has developed NARCAN, a Nasal Spray for treatment to reverse opioid overdoses. The company’s pipeline includes medicines in development for Opioid Overdose Reversal (OOR), Alcohol Use Disorder (AUD), Opioid Use Disorder (OUD) and Acute Cannabinoid Overdose (ACO). The majority of the revenue is generated in the form of Royalty and licensing.
In the past 52 weeks, shares of Opiant Pharmaceuticals Inc. have traded between a low of $6.79 and a high of $22.31 and is now at $22.00, which is 224% above that low price.
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