Shares of Sonnet BioTherapeutics Holdings Inc. (NASDAQ:SONN) traded at a new 52-week low today of $1.00. So far today approximately 261,000 shares have been exchanged, as compared to an average 30-day volume of 839,000 shares.
In the past 52 weeks, shares of Sonnet BioTherapeutics Holdings Inc. have traded between the current low of $1.00 and a high of $7.89 and is now at $1.01.
Sonnet BioTherapeutics Holdings Inc is a clinical-stage biopharmaceutical company. The company has developed FHAB (Fully Human Albumin Binding) technology which is well suited for drug development across a range of human disease areas, including in oncology, autoimmune, pathogenic, inflammatory, and hematological conditions. The firm’s pipeline products include SON-080 (low-dose IL-6), SON-1210 (IL15- FHAB-IL12), SON-1010 (IL12-FHAB), and others.
There is potential upside of 37.8% for shares of Sonnet BioTherapeutics Holdings Inc. based on a current price of $1.01 and an average consensus analyst price target of $1.39.
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