Watch for Continued Losses in Shares of Alzamend Neuro Inc. (ALZN)

July 19, 2021 11:06:36

Alzamend Neuro Inc. (NASDAQ:ALZN) traded today at a new 52-week low of $4.85. This new low was reached on above average trading volume as 2.6 million shares traded hands, while the average 30-day volume is approximately 1.9 million shares.

Alzamend Neuro Inc. share prices have moved between a 52-week high of $33.55 and the current low of $4.85 and are currently at $5.47 per share.

Potential upside of 2.7% exists for Alzamend Neuro Inc., based on a current level of $5.47 and analysts’ average consensus price target of $5.62.

Alzamend Neuro Inc is an early clinical-stage biopharmaceutical company focused on developing novel products for the treatment of neurodegenerative diseases and psychiatric disorders. Its pipeline of product candidates consist of two novel therapeutic drug candidates namely AL001 a patented ionic co-crystal technology delivering a therapeutic combination of lithium, proline and salicylate, and; AL002 a patented method using a mutant peptide sensitized cell as a cell-based therapeutic vaccine that reduces beta-amyloid plaque and seeks to restore the ability of the patient’s immunological system to combat Alzheimer’s.

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