In a report released today, Patrick Trucchio from H.C. Wainwright reiterated a Buy rating on Awakn Life Sciences (AWKNF – Research Report), with a price target of $10.00. The company’s shares closed last Wednesday at $0.35, equals to its 52-week low of $0.35.
According to TipRanks.com, Trucchio is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -19.6% and a 30.6% success rate. Trucchio covers the Healthcare sector, focusing on stocks such as Freeline Therapeutics Holdings, Milestone Pharmaceuticals, and Arrowhead Pharmaceuticals.
Currently, the analyst consensus on Awakn Life Sciences is a Moderate Buy with an average price target of $8.10.
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The company has a one-year high of $2.71 and a one-year low of $0.35. Currently, Awakn Life Sciences has an average volume of 5,576.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AWKNF in relation to earlier this year.
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Awakn Life Sciences Corp is a biotechnology company with clinical operations researching, developing, and delivering psychedelic medicine to treat addiction.
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