Shares of Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) traded today at $1.77, eclipsing its 52-week high. So far today approximately 1.5 million shares have been exchanged, as compared to an average 30-day volume of 19.1 million shares.
Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) defies analysts with a current price ($1.62) 67.6% above its average consensus price target of $0.52.
Tonix Pharmaceuticals Holding Corp is a clinical-stage pharmaceutical company. The company is engaged in discovering, licensing, acquiring and developing drugs and biologics to treat and prevent human disease and alleviate suffering. Its portfolio includes biologics to prevent infectious diseases and small molecules and biologics to treat pain, psychiatric and addiction conditions. While the company is also developing a potential vaccine to protect against the novel coronavirus disease.
In the past 52 weeks, shares of Tonix Pharmaceuticals Holding Corp. have traded between a low of $0.15 and a high of $1.77 and is now at $1.62, which is 980% above that low price.
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