In a report released today, Ed Arce from H.C. Wainwright maintained a Hold rating on Axcella Health (AXLA – Research Report). The company’s shares closed last Friday at $0.48.
Arce covers the Healthcare sector, focusing on stocks such as Cidara Therapeutics, Travere Therapeutics, and Acelrx. According to TipRanks, Arce has an average return of 21.1% and a 44.80% success rate on recommended stocks.
Axcella Health has an analyst consensus of Moderate Buy, with a price target consensus of $1.50.
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The company has a one-year high of $2.79 and a one-year low of $0.16. Currently, Axcella Health has an average volume of 1.09M.
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Axcella Health, Inc. is a biotechnology company, which engages in the research and development of novel multifactorial interventions to support health and address dysregulated metabolism across a broad spectrum of consumers and patients who have limited options. Its product pipeline includes AXA1665, AXA1125, AXA1957, AXA2678, and AXA4010. The company was founded by Noubar B. Afeyan, Geoffrey von Maltzahn, and David A. Berry on August 27, 2008 and is headquartered in Cambridge, MA.
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