Shares of Corvus Pharmaceuticals Inc. (NASDAQ:CRVS) traded today at $7.37, eclipsing its 52-week high. This new high was reached on above average trading volume as 26.8 million shares traded hands, while the average 30-day volume is approximately 11.2 million shares.
Corvus Pharmaceuticals Inc is a clinical-stage biopharmaceutical engaged in developing drugs and antibodies that target the most critical cellular elements of the immune system. It focuses on the development of immune modulator product candidates to treat COVID-19, T-cell lymphomas, other cancers and autoimmune diseases. The company’s lead product candidate is CPI-006 which is a potent humanized monoclonal antibody that is designed to react with a specific site on CD73. Its other product candidates are CPI-818, CPI-935, CPI-182 and Ciforadenant.
In the past 52 weeks, shares of Corvus Pharmaceuticals Inc. have traded between a low of $1.86 and a high of $7.37 and is now at $7.27, which is 291% above that low price.
Corvus Pharmaceuticals Inc. (NASDAQ:CRVS) has potential upside of 631.8% based on a current price of $7.27 and analysts’ consensus price target of $53.20.
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