Shares of Emergent Biosolutions Inc. (NYSE:EBS) traded at a new 52-week low today of $55.07. Approximately 202,000 shares have changed hands today, as compared to an average 30-day volume of 1 million shares.
Emergent BioSolutions offers public health products to government and healthcare providers. The company has four main units: vaccines, which produces specialty vaccines for public health threats; devices, such as nasal sprays, skin lotions, and injections; therapeutics, which includes antibody-based treatments; and contract development and manufacturing, which brings treatments to market through collaboration with the pharmaceutical and biotechnology industries and the United States government. Most revenue comes from U.S. government purchases of vaccine, device, and therapeutic products.
Emergent Biosolutions Inc. (NYSE:EBS) defies analysts with a current price ($58.91) 20.3% above its average consensus price target of $46.98.
Emergent Biosolutions Inc. share prices have moved between a 52-week high of $137.61 and the current low of $55.07 and are currently at $58.91 per share.
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