Myriad Genetics Inc. (NASDAQ:MYGN) traded at a new 52-week high today of $34.73. Approximately 162,000 shares have changed hands today, as compared to an average 30-day volume of 678,000 shares.
Myriad Genetics Inc. (NASDAQ:MYGN) has potential upside of 33.6% based on a current price of $34.70 and analysts’ consensus price target of $46.35.
Myriad Genetics is a molecular diagnostics company that provides testing services designed to assess an individual’s risk of developing a disease. The firm produces myRisk, a 35-gene panel with the capability to identify the elevated risk of developing eight types of cancer. Other diagnostic products include BRACAnalysisCDx, the FDA-approved companion diagnostic for PARP inhibitors; GeneSight, which helps improve responses to psychotropic drugs for patients suffering from depression; Vectra DA, which predicts disease progression in rheumatoid arthritis to optimize drug treatment; and Prolaris, which identifies prostate cancer patients that can pursue active surveillance. The firm offers biomarker discovery and companion diagnostic services to pharma and biotech companies.
Myriad Genetics Inc. share prices have moved between a 52-week high of $34.73 and a 52-week low of $11.76 and are now trading 195% above that low price at $34.70 per share.
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