Watch for Continued Losses in Shares of Orchard Therapeutics plc (ORTX)

July 13, 2021 12:14:45

Shares of Orchard Therapeutics plc (NASDAQ:ORTX) traded at a new 52-week low today of $3.62. So far today approximately 149,000 shares have been exchanged, as compared to an average 30-day volume of 563,000 shares.

Orchard Therapeutics PLC is a United Kingdom-based commercial-stage, a fully-integrated biopharmaceutical company. The company is engaged in transforming the lives of patients with serious and life-threatening rare diseases through autologous ex vivo gene therapies. It operates in three geographic regions: the United Kingdom, European Union, and the United States. Orchard Rx is focusing on its autologous ex vivo gene therapy approach on three therapeutic rare disease franchise areas: primary immune deficiencies, neurometabolic disorders, and hemoglobinopathies. Its portfolio includes Strimvelis, used for the treatment of ADA-SCID five lentiviral product candidates.

Over the past year, Orchard Therapeutics plc has traded in a range of $3.62 to $9.08 and is now at $3.64.

Potential upside of 51.3% exists for Orchard Therapeutics plc, based on a current level of $3.64 and analysts’ average consensus price target of $5.51.

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