Shares of Coherus BioSciences Inc. (NASDAQ:CHRS) traded today at $31.85, eclipsing its 52-week high. This new high was reached on above average trading volume as 47.9 million shares traded hands, while the average 30-day volume is approximately 720,000 shares.
In the past 52 weeks, shares of Coherus BioSciences Inc. have traded between the current low of $8.10 and a high of $19.32 and is now at $12.25.
Coherus BioSciences Inc. (NASDAQ:CHRS) has potential upside of 0.6% based on a current price of $12.25 and analysts’ consensus price target of $12.32.
Coherus BioSciences Inc is a commercial-stage biopharmaceutical company building an innovative immuno-oncology franchise funded with cash generated by its diversified portfolio of FDA-approved therapeutics. Toripalimab is being evaluated in pivotal clinical trials for the treatment of cancers of the lung, breast, liver, skin, kidney, stomach, esophagus, and bladder. The company markets UDENYCA, a biosimilar of Neulasta in the United States, and expects to launch the FDA-approved Humira biosimilar YUSIMRY in the United States in 2023. The company is also developing CHS-305, a biosimilar of Avastin. The company generates revenue primarily from the United States.
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