Shares of Protalix BioTherapeutics Inc. (DE) (PLX) Fall to a New 52-Week Low

July 7, 2021 11:10:36

Protalix BioTherapeutics Inc. (DE) (NYSE American:PLX) traded at a new 52-week low today of $1.65. Approximately 1.2 million shares have changed hands today, as compared to an average 30-day volume of 2.6 million shares.

In the past 52 weeks, shares of Protalix BioTherapeutics Inc. (DE) have traded between the current low of $1.65 and a high of $7.02 and is now at $1.68.

Protalix BioTherapeutics Inc is a biopharmaceutical company focused on the development and commercialization of recombinant therapeutic proteins based on its proprietary ProCellEx protein expression system or ProCellEx. It has developed taliglucerase alfa, for the treatment of Gaucher disease. The company’s products also treat diseases like Fabry disease and cystic fibrosis. Its pipeline products include Alidornase Alfa, Pegunigalsidase Alfa, and Oprx-106. The company’s primary sources of revenues include its sales of taliglucerase alfa in Brazil and of drug substance to Pfizer under its Amended Pfizer Agreement.

Protalix BioTherapeutics Inc. (DE) (NYSE American:PLX) is currently priced 58.2% above its average consensus analyst price target of $0.70.

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