Eloxx Pharmaceuticals Inc. (NASDAQ:ELOX) traded today at a new 52-week low of $1.26. Approximately 1.3 million shares have changed hands today, as compared to an average 30-day volume of 2.4 million shares.
Eloxx Pharmaceuticals Inc is a clinical-stage biopharmaceutical company developing novel ribonucleic acid (RNA)-modulating drug candidates that are formulated to treat rare and ultra-rare premature stop codon diseases. The ELX-02, the company’s lead investigational drug product candidate, is a small molecule designed to restore the production of full-length functional proteins. The ELX-02, is in the early stages of clinical development for systemic administration for cystic fibrosis and cystinosis.
In the past 52 weeks, Eloxx Pharmaceuticals Inc. share prices are bracketed by a current low of $1.26 and a high of $6.77 and is now at $1.28.
Potential upside of 27.7% exists for Eloxx Pharmaceuticals Inc., based on a current level of $1.28 and analysts’ average consensus price target of $1.63.
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