Shares of Forward Pharma A/S (NASDAQ:FWP) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $3.00 and last traded at $3.00, with a volume of 38966 shares trading hands. The stock had previously closed at $3.17.
FWP has been the subject of several analyst reports. BidaskClub upgraded shares of Forward Pharma A/S from a “hold” rating to a “buy” rating in a research report on Tuesday, January 30th. ValuEngine raised shares of Forward Pharma A/S from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, Zacks Investment Research downgraded shares of Forward Pharma A/S from a “buy” rating to a “hold” rating in a research note on Tuesday, November 28th. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Forward Pharma A/S has an average rating of “Buy” and a consensus price target of $17.00.
The firm has a market cap of $142.02, a P/E ratio of 0.80 and a beta of 1.12.
COPYRIGHT VIOLATION WARNING: “Forward Pharma A/S (FWP) Reaches New 12-Month Low at $3.00” was originally posted by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this report on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://sportsperspectives.com/2018/02/08/forward-pharma-a-s-fwp-reaches-new-12-month-low-at-3-00.html.
About Forward Pharma A/S
Forward Pharma A/S is a clinical-stage biopharmaceutical company. The Company is engaged in the development of FP187, a formulation of dimethyl fumarate (DMF) for the treatment of several inflammatory and neurological indications, including multiple sclerosis (MS). The Company’s clinical candidate, FP187, is under development for the treatment of relapsing remitting MS (RRMS) and other immune disorders, such as psoriasis.
Receive News & Ratings for Forward Pharma A/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forward Pharma A/S and related companies with MarketBeat.com's FREE daily email newsletter.