Shares of Wave Life Sciences Ltd. (NASDAQ:WVE) traded today at $6.19, breaking its 52-week low. This new low was reached on above average trading volume as 1.2 million shares traded hands, while the average 30-day volume is approximately 773,000 shares.
WAVE Life Sciences Ltd is a preclinical biopharmaceutical company based in Singapore. It owns a diverse pipeline of nucleic acid therapeutics meant to address rare genetic diseases related to the central nervous system, muscles, eyes, liver, and skin. Its nucleic acid therapeutics target genetic defects to either reduce the expression of disease-promoting proteins or transform the production of dysfunctional mutant proteins into the production of functional proteins.
Wave Life Sciences Ltd. (NASDAQ:WVE) is currently priced 7.9% above its average consensus analyst price target of $5.78.
In the past 52 weeks, shares of Wave Life Sciences Ltd. have traded between the current low of $6.19 and a high of $19.98 and is now at $6.27.
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