Shares of Compugen Ltd. (CGEN) Fall Below Previous 52-Week Low

July 15, 2021 12:43:49

Compugen Ltd. (NASDAQ:CGEN) traded at a new 52-week low today of $6.70. So far today approximately 216,000 shares have been exchanged, as compared to an average 30-day volume of 1 million shares.

Compugen Ltd is a therapeutic discovery company. It is involved in the business of using its predictive discovery infrastructure to identify novel drug targets and develop biologics. The firm’s therapeutic pipeline mainly consists of early-stage immuno-oncology programs aimed at harnessing the immune system to fight cancer. It focuses on immune checkpoint target candidates which are predicted to serve drug targets for cancer immunotherapies addressing various cancer types and also autoimmune diseases.

Potential upside of 23.1% exists for Compugen Ltd., based on a current level of $6.70 and analysts’ average consensus price target of $8.25.

Compugen Ltd. share prices have moved between a 52-week high of $19.90 and the current low of $6.70 and are currently at $6.70 per share.

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