Artelo Biosciences Inc. (:ARTL) traded at a new 52-week high today of $2.96. Approximately 36.8 million shares have changed hands today, as compared to an average 30-day volume of 6.9 million shares.
Over the past year, Artelo Biosciences Inc. has traded in a range of $0.45 to $2.96 and is now at $2.58, 471% above that low.
Artelo Biosciences Inc. (:ARTL) defies analysts with a current price ($2.58) 31.5% above its average consensus price target of $1.76.
Artelo Biosciences Inc is a United States based development-stage biopharmaceutical company. It is focused on discovering, licensing, developing and commercializing treatments that control the endocannabinoid system. The company seeks to pursue technologies and programs that offer proprietary approaches to cannabinoid-based therapies, including those derived from the cannabis plant and synthetic cannabinoids, as well as new chemical entities and compounds that promote the effectiveness of the endocannabinoid system. The firm’s flagship program is designed to be a patent-protected cannabinoid drug combination treatment for a rare and orphan disease.
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