Shares of Protalix BioTherapeutics Inc. (DE) (NYSE American:PLX) traded at a new 52-week low today of $1.46. This new low was reached on below average trading volume as 689,000 shares traded hands, while the average 30-day volume is approximately 2.5 million shares.
Protalix BioTherapeutics Inc. (DE) (NYSE American:PLX) is currently priced 61.7% above its average consensus analyst price target of $0.59.
Protalix BioTherapeutics Inc is a biopharmaceutical company focused on the development and commercialization of recombinant therapeutic proteins based on its proprietary ProCellEx protein expression system or ProCellEx. It has developed taliglucerase alfa, for the treatment of Gaucher disease. The company’s products also treat diseases like Fabry disease and cystic fibrosis. Its pipeline products include Alidornase Alfa, Pegunigalsidase Alfa, and Oprx-106. The company’s primary sources of revenues include its sales of taliglucerase alfa in Brazil and of drug substance to Pfizer under its Amended Pfizer Agreement.
Protalix BioTherapeutics Inc. (DE) share prices have moved between a 52-week high of $7.02 and the current low of $1.46 and are currently at $1.53 per share.
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