Oramed Pharmaceuticals Inc. (NASDAQ:ORMP) traded today at a new 52-week high of $16.63. So far today approximately 245,000 shares have been exchanged, as compared to an average 30-day volume of 573,000 shares.
Oramed Pharmaceuticals Inc is a pharmaceutical company which is engaged in the research and development of pharmaceutical solutions, including an oral insulin capsule to be used for the treatment of individuals with diabetes, and the use of orally ingestible capsules or pills for delivery of other polypeptides. The ORMD-0801 is a proprietary product which is an orally ingestible insulin capsule for the treatment of diabetes. Its other product includes Oral Glucagon-like peptide-1 which is an incretin hormone, a type of gastrointestinal hormone that stimulates the secretion of insulin from the pancreas.
In the past 52 weeks, Oramed Pharmaceuticals Inc. share prices are bracketed by a low of $2.40 and a high of $16.63 and is now at $16.38, 583% above that low price.
Oramed Pharmaceuticals Inc. (NASDAQ:ORMP) is currently priced 26.0% above its average consensus analyst price target of $12.12.
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