Shares of Assembly Biosciences Inc. (NASDAQ:ASMB) traded today at $3.35, breaking its 52-week low. So far today approximately 322,000 shares have been exchanged, as compared to an average 30-day volume of 1.7 million shares.
There is potential upside of 20.1% for shares of Assembly Biosciences Inc. based on a current price of $3.39 and an average consensus analyst price target of $4.07.
Over the past year, Assembly Biosciences Inc. has traded in a range of $3.35 to $27.84 and is now at $3.39.
Assembly Biosciences Inc is a clinical-stage biotechnology company. It is advancing two innovative platform programs, a novel class of oral therapeutics for the treatment of hepatitis B virus (HBV) infection and novel class of oral synthetic live biotherapeutics, which are designed to restore health to a dysbiotic microbiome. The company’s HBV-cure program is aimed at increasing the current low cure rate for patients with HBV and is pursuing multiple drug candidates that inhibit multiple steps of the HBV lifecycle. Assembly has discovered several novel core protein Allosteric Modulators, which are small molecules that directly target and allosterically modulate the HBV core protein. The majority of the revenue is generated from the HBV cure program.
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