Shares of FibroGen Inc (NASDAQ:FGEN) traded today at $12.94, breaking its 52-week low. So far today approximately 1.3 million shares have been exchanged, as compared to an average 30-day volume of 1.7 million shares.
FibroGen Inc is a biotechnology company focused on discovering, developing, and commercializing novel therapeutics to treat serious unmet medical needs. The company generates the vast majority of its revenue in Europe, followed by Japan. Virtually all of FibroGen’s revenue to date has been generated from its collaboration agreements. FibroGen seeks partners with research, development, and marketing capabilities and other resources that strengthen the company’s ability to advance product candidates.
In the past 52 weeks, FibroGen Inc share prices are bracketed by a current low of $12.94 and a high of $57.21 and is now at $13.44.
Potential upside of 3.5% exists for FibroGen Inc, based on a current level of $13.44 and analysts’ average consensus price target of $13.91.
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