Shares of BioNTech SE (NASDAQ:BNTX) traded today at $297.48, eclipsing its 52-week high. Approximately 421,000 shares have changed hands today, as compared to an average 30-day volume of 2.6 million shares.
BioNTech SE (NASDAQ:BNTX) is currently priced 98.8% above its average consensus analyst price target of $3.47.
BioNTech SE is a Germany-based biotechnology company that focuses on developing cancer therapeutics, including individualized immunotherapy, as well as vaccines for infectious diseases, including COVID-19. The company’s oncology pipeline contains several classes of drugs, including mRNA-based drugs to encode antigens, neoantigens, cytokines, and antibodies; cell therapies; bispecific antibodies; and small-molecule immunomodulators. BioNTech is partnered with several large pharmaceutical companies, including Roche, Eli Lilly, Pfizer, Sanofi, and Genmab. Comirnaty (COVID-19 vaccine) is its first commercialized product.
In the past 52 weeks, BioNTech SE share prices are bracketed by a low of $54.10 and a high of $297.48 and is now at $293.90, 443% above that low price.
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