Watch for Continued Gains in Shares of Lantheus Holdings Inc. (LNTH)

March 22, 2022 09:23:56

Shares of Lantheus Holdings Inc. (NASDAQ:LNTH) traded today at $58.12, eclipsing its 52-week high. So far today approximately 396,000 shares have been exchanged, as compared to an average 30-day volume of 1.3 million shares.

Lantheus Holdings Inc caters to the United States healthcare sector with the development of diagnostic products. Its imaging products and agents assist clinicians in the diagnosis and treatment of cardiovascular and other diseases. Its agents are typically non-radioactive compounds that are used in diagnostic procedures, such as cardiac ultrasounds, or echocardiograms, x-ray imaging used by physicians to progress the clarity of the diagnostic image. The company’s portfolio of imaging products includes medical radiopharmaceuticals such as DEFINITY, TechneLite, Xenon Xe 133 Gas, Cardiolite, and Neurolite. Its revenue is generated from the sales of diagnostic imaging agents to wholesalers, distributors radiopharmacy and directly to hospitals and clinics predominantly in the United States.

In the past 52 weeks, shares of Lantheus Holdings Inc. have traded between a low of $19.30 and a high of $58.12 and is now at $57.48, which is 198% above that low price.

Lantheus Holdings Inc. (NASDAQ:LNTH) is currently priced 4.3% above its average consensus analyst price target of $55.01.

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