Shares of Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) traded at a new 52-week high today of $1.79. So far today approximately 74,000 shares have been exchanged, as compared to an average 30-day volume of 19.1 million shares.
Based on a current price of $1.77, Tonix Pharmaceuticals Holding Corp. is currently 70.3% above its average consensus analyst 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.
Over the past year, Tonix Pharmaceuticals Holding Corp. has traded in a range of $0.15 to $1.79 and is now at $1.77, 1,080% above that low.
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