Shares of Sonnet BioTherapeutics Holdings Inc. (NASDAQ:SONN) traded today at $1.36, breaking its 52-week low. This new low was reached on below average trading volume as 261,000 shares traded hands, while the average 30-day volume is approximately 1.1 million shares.
Sonnet BioTherapeutics Holdings Inc. (NASDAQ:SONN) defies analysts with a current price ($1.40) 0.6% above its average consensus price target of $1.39.
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.
Sonnet BioTherapeutics Holdings Inc. share prices have moved between a 52-week high of $7.89 and the current low of $1.36 and are currently at $1.40 per share.
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