Outlook Therapeutics with ticker code (OTLK) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 6 and 3.5 calculating the average target price we see 4.63. Given that the stocks previous close was at 1.79 this now indicates there is a potential upside of 158.7%. The 50 day MA is 1.34 and the 200 day MA is 1.08. The company has a market cap of $354m. You can visit the company’s website by visiting: http://www.outlooktherapeutics.com
Outlook Therapeutics, a late clinical-stage biopharmaceutical company, focuses on developing and commercializing monoclonal antibodies for various ophthalmic indications. Its lead product candidate is ONS-5010, a proprietary ophthalmic formulation of bevacizumab product candidate that is in Phase-III clinical trial for the treatment of wet age related macular degeneration and other retina diseases. Outlook Therapeutics has collaboration and license agreements with IPCA Laboratories Limited; Laboratorios Liomont, S.A. de C.V.; BioLexis Pte. Ltd.; and Zhejiang Huahai Pharmaceutical Co., Ltd. The company was formerly known as Oncobiologics and changed its name to Outlook Therapeutics in November 2018. Outlook Therapeutics was incorporated in 2010 and is headquartered in Cranbury, New Jersey.
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