Avenue Therapeutics – Consensus Indicates Potential 51.3% Upside

Broker Ratings

Avenue Therapeutics with ticker code (ATXI) now have 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 12 and 6 and has a mean target at 9. Given that the stocks previous close was at 5.95 this indicates there is a potential upside of 51.3%. The day 50 moving average is 4.34 and the 200 day moving average is 7.91. The market cap for the company is $100m. Visit the company website at: http://www.avenuetx.com

Avenue Therapeutics, a specialty pharmaceutical company, acquires, licenses, develops, and commercializes products primarily for use in the acute/intensive care hospital setting. Its product candidate is intravenous Tramadol, which is in Phase III clinical trials to treat moderate to moderately severe post-operative pain. The company was founded in 2015 and is based in New York, New York. Effective as of December 31, 2019, Avenue Therapeutics operates as a subsidiary of InvaGen Pharmaceuticals

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