Shares of Beyond Air Inc. (NASDAQ:XAIR) traded at a new 52-week high today of $12.28. Approximately 432,000 shares have changed hands today, as compared to an average 30-day volume of 476,000 shares.
Based on a current price of $12.18, Beyond Air Inc. is currently 4.4% above its average consensus analyst price target of $11.65.
Beyond Air Inc is a clinical-stage medical device and biopharmaceutical company which develops a Nitric Oxide (NO) Generator and Delivery System that uses NO generated from ambient air and delivers precise amounts of NO to the lungs for the potential treatment of respiratory and other diseases. The firm is applying its therapeutic expertise to develop treatments for pulmonary hypertension, in addition to treatments for lower respiratory tract infections.
In the past 52 weeks, Beyond Air Inc. share prices are bracketed by a low of $4.62 and a high of $12.28 and is now at $12.18, 164% above that low price.
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