Shares of Exelixis Inc. (NASDAQ:EXEL) traded at a new 52-week low today of $17.61. Approximately 1.4 million shares have changed hands today, as compared to an average 30-day volume of 2.7 million shares.
In the past 52 weeks, shares of Exelixis Inc. have traded between the current low of $17.61 and a high of $27.35 and is now at $18.02.
Exelixis Inc is a biopharmaceutical firm that discovers, develops, and commercializes treatments for cancer. Its lead molecule cabozantinib is indicated for the treatment of patients with metastatic medullary thyroid cancer (as Cometriq) and advanced renal cell carcinoma, or kidney cancer, and hepatocellular carcinoma, or liver cancer (as Cabometyx). Exelixis and partner Roche have also brought Cotellic to market for the treatment of melanoma.
Exelixis Inc. (NASDAQ:EXEL) has potential upside of 72.7% based on a current price of $18.02 and analysts’ consensus price target of $31.11.
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