Watch for Continued Losses in Shares of Provention Bio Inc. (PRVB)

July 7, 2021 11:10:44

Provention Bio Inc. (NASDAQ:PRVB) traded today at a new 52-week low of $5.60. So far today approximately 5.3 million shares have been exchanged, as compared to an average 30-day volume of 4.5 million shares.

There is potential upside of 24.4% for shares of Provention Bio Inc. based on a current price of $5.98 and an average consensus analyst price target of $7.44.

In the past 52 weeks, Provention Bio Inc. share prices are bracketed by a current low of $5.60 and a high of $20.05 and is now at $5.98.

Provention Bio Inc is a clinical-stage biopharmaceutical company. It is engaged in sourcing, developing, and commercializing novel therapeutics and cutting-edge solutions to intercept and prevent immune-mediated disease, including oncological, autoimmune, and inflammatory diseases. The company’s product candidates include PRV-031, for the interception, delay, or prevention of type 1 diabetes; PRV-3279, for the potential treatment of systemic lupus erythematosus; and PRV-6527, PRV-300, and PRV-101.

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