Shares of Translate Bio Inc. (NASDAQ:TBIO) traded at a new 52-week high today of $37.66. Approximately 997,000 shares have changed hands today, as compared to an average 30-day volume of 1.1 million shares.
Translate Bio Inc is a clinical-stage mRNA therapeutics company developing a new class of potentially transformative medicines to treat diseases caused by protein or gene dysfunction. The company is developing MRT5005, for the treatment of cystic fibrosis (CF) and MRT5201, for the treatment of ornithine transcarbamylase (OTC) deficiency.
Translate Bio Inc. share prices have moved between a 52-week high of $37.66 and a 52-week low of $11.91 and are now trading 216% above that low price at $37.65 per share.
Translate Bio Inc. (NASDAQ:TBIO) has potential upside of 127.2% based on a current price of $37.65 and analysts’ consensus price target of $85.54.
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