Shares of Viking Therapeutics Inc. (NASDAQ:VKTX) traded today at $9.02, eclipsing its 52-week high. So far today approximately 317,000 shares have been exchanged, as compared to an average 30-day volume of 1.5 million shares.
Viking Therapeutics Inc is a healthcare service provider. The company specializes in the area of biopharmaceutical development focused on metabolic and endocrine disorders. The company’s clinical program pipeline consists of VK2809, VK5211, VK0214 products. VK2809 and VK0214 are orally available, tissue and receptor-subtype selective agonist of the thyroid hormone receptor beta. VK5211 is an orally available, non-steroidal selective androgen receptor modulator.
Over the past year, Viking Therapeutics Inc. has traded in a range of $3.26 to $9.02 and is now at $8.98, 175% above that low.
Viking Therapeutics Inc. (NASDAQ:VKTX) is currently priced 38.2% above its average consensus analyst price target of $5.55.
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