Shares of Scopus BioPharma Inc. (SCPS) Fall to a New 52-Week Low

July 23, 2021 10:45:55

Shares of Scopus BioPharma Inc. (NASDAQ:SCPS) traded at a new 52-week low today of $4.87. So far today approximately 5.2 million shares have been exchanged, as compared to an average 30-day volume of 150,000 shares.

In the past 52 weeks, Scopus BioPharma Inc. share prices are bracketed by a current low of $4.87 and a high of $47.86 and is now at $4.90.

Scopus BioPharma Inc a biotechnology company focused on developing therapeutics targeting the endocannabinoid system. The endocannabinoid system is comprised of chemical compounds, or cannabinoids, that interact with cannabinoid receptors which are located throughout the body. The company product candidates would utilize synthetically-produced cannabinoids as opposed to plant-derived compounds. Its product candidate comprises CO-sTiRNA, which is a STAT3 inhibitor gene therapy and MRI-1867.

Scopus BioPharma Inc. (NASDAQ:SCPS) is currently priced 14.0% above its average consensus analyst price target of $4.21.

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