TherapeuticsMD Inc.: The Losing Streak Continues (TXMD)

July 19, 2021 11:19:57

TherapeuticsMD Inc. (NASDAQ:TXMD) traded today at a new 52-week low of $0.93. This new low was reached on below average trading volume as 728,000 shares traded hands, while the average 30-day volume is approximately 5.9 million shares.

TherapeuticsMD Inc is a major drug manufacturing with a focus on creating and commercializing products targeted exclusively for women. The company intends to commercialize advanced hormone therapy pharmaceutical products. TherapeuticsMD’s drug candidates that have completed clinical trials are designed to alleviate the symptoms of and reduce the health risks resulting from menopause-related hormone deficiencies, including hot flashes, osteoporosis, and discomfort. The company relies on third parties for the production of clinical and commercial quantities of its drug candidates.

In the past 52 weeks, TherapeuticsMD Inc. share prices are bracketed by a current low of $0.93 and a high of $2.75 and is now at $0.98.

TherapeuticsMD Inc. has overhead space with shares priced $0.98, or 18.9% below the average consensus analyst price target of $1.21.

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