Shares of PLx Pharma Inc. (NASDAQ:PLXP) traded today at $20.63, eclipsing its 52-week high. This new high was reached on above average trading volume as 807,000 shares traded hands, while the average 30-day volume is approximately 596,000 shares.
In the past 52 weeks, PLx Pharma Inc. share prices are bracketed by a low of $2.85 and a high of $20.63 and is now at $19.87, 597% above that low price.
PLx Pharma Inc is a specialty pharmaceutical company focused on its clinically-validated and patent-protected PLxGuard drug delivery platform designed to provide more effective and safer products. The PLxGuard drug delivery platform works by targeting the release of active pharmaceutical ingredients to various portions of the GI tract. The company believes this platform has the potential to improve the absorption of many drugs currently on the market or in development, and to reduce the risk of stomach erosions and ulcers associated with certain drugs. VAZALORE is a novel formulation of aspirin clinically shown to provide fast, reliable and predictable platelet inhibition for patients with vascular disease and diabetic patients who may be candidates for aspirin therapy.
PLx Pharma Inc. (NASDAQ:PLXP) is currently priced 42.0% above its average consensus analyst price target of $11.52.
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