Shares of Allena Pharmaceuticals Inc. (NASDAQ:ALNA) traded at a new 52-week low today of $0.96. So far today approximately 3 million shares have been exchanged, as compared to an average 30-day volume of 491,000 shares.
In the past 52 weeks, Allena Pharmaceuticals Inc. share prices are bracketed by a current low of $0.96 and a high of $2.78 and is now at $0.97.
Allena Pharmaceuticals Inc is a late-stage clinical biopharmaceutical company engaged in developing and commercializing first-in-class, oral enzyme therapeutics to treat patients with rare and severe metabolic and kidney disorders. The company is focused on metabolic disorders that result in excess accumulation of certain metabolites, such as oxalate and urate, that can cause kidney stones, damage the kidney, and potentially lead to chronic kidney disease, or CKD, and end-stage renal disease. The company’s product candidate, reloxaliase, is a first-in-class, oral enzyme therapeutic for the treatment of hyperoxaluria, a metabolic disorder characterized by markedly elevated urinary oxalate levels and commonly associated with kidney stones, CKD and other serious kidney diseases.
There is potential upside of 59.6% for shares of Allena Pharmaceuticals Inc. based on a current price of $0.97 and an average consensus analyst price target of $1.54.
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