Shares of Athenex Inc. (NASDAQ:ATNX) traded today at $5.24, breaking its 52-week low. Approximately 4.2 million shares have changed hands today, as compared to an average 30-day volume of 1.2 million shares.
In the past 52 weeks, Athenex Inc. share prices are bracketed by a current low of $5.24 and a high of $15.24 and is now at $5.79.
Athenex Inc is a global biopharmaceutical company. It is dedicated to the discovery, development, and commercialization of novel therapies for the treatment of cancer. The company’s operating segment includes the Oncology Innovation Platform; Global Supply Chain Platform and Commercial Platform. It generates maximum revenue from the Commercial Platform segment. Commercial Platform segment includes APD, which focuses on the manufacturing, distribution, and sales of specialty pharmaceuticals. Geographically, it derives a majority of revenue from the United States and also has a presence in Spain; Austria; India; China; the United Kingdom and Other foreign countries.
There is potential upside of 143.5% for shares of Athenex Inc. based on a current price of $5.79 and an average consensus analyst price target of $14.11.
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