Orchard Therapeutics plc: The Losing Streak Continues (ORTX)

July 15, 2021 12:49:42

Shares of Orchard Therapeutics plc (NASDAQ:ORTX) traded today at $3.28, breaking its 52-week low. This new low was reached on below average trading volume as 149,000 shares traded hands, while the average 30-day volume is approximately 596,000 shares.

Orchard Therapeutics plc has overhead space with shares priced $3.40, or 38.3% below the average consensus analyst price target of $5.51.

Orchard Therapeutics PLC is a United Kingdom-based commercial-stage, a fully-integrated biopharmaceutical company. The company is engaged in transforming the lives of patients with serious and life-threatening rare diseases through autologous ex vivo gene therapies. It operates in three geographic regions: the United Kingdom, European Union, and the United States. Orchard Rx is focusing on its autologous ex vivo gene therapy approach on three therapeutic rare disease franchise areas: primary immune deficiencies, neurometabolic disorders, and hemoglobinopathies. Its portfolio includes Strimvelis, used for the treatment of ADA-SCID five lentiviral product candidates.

In the past 52 weeks, shares of Orchard Therapeutics plc have traded between the current low of $3.28 and a high of $9.08 and is now at $3.40.

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