Bellerophon Therapeutics Inc. (NASDAQ:BLPH) traded at a new 52-week high today of $29.90. This new high was reached on above average trading volume as 68.3 million shares traded hands, while the average 30-day volume is approximately 40,000 shares.
There is potential upside of 46.9% for shares of Bellerophon Therapeutics Inc. based on a current price of $2.24 and an average consensus analyst price target of $3.29.
Bellerophon Therapeutics Inc is a clinical-stage biotherapeutics company. The firm develops innovative products combining novel drugs and devices to treat cardiopulmonary diseases. It develops products under its INOpulse platform, which is an extension of the technology that is used in hospitals to deliver continuous-flow inhaled nitric oxide. The company products are aimed at the treatment of different kinds of pulmonary hypertension.
Over the past year, Bellerophon Therapeutics Inc. has traded in a range of $0.27 to $5.95 and is now at $2.24.
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