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Maxim Group Reaffirms Their Hold Rating on Adial Pharmaceuticals (ADIL)

In a report released yesterday, Jason McCarthy from Maxim Group maintained a Hold rating on Adial Pharmaceuticals (ADILResearch Report). The company’s shares opened today at $0.29.

McCarthy covers the Healthcare sector, focusing on stocks such as Immutep, Daré Bioscience, and Adial Pharmaceuticals. According to TipRanks, McCarthy has an average return of -38.1% and a 14.47% success rate on recommended stocks.

The analyst consensus on Adial Pharmaceuticals is currently a Hold rating.

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The company has a one-year high of $3.52 and a one-year low of $0.24. Currently, Adial Pharmaceuticals has an average volume of 166K.

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Adial Pharmaceuticals, Inc. operates as a clinical stage biopharmaceutical company, which is focused on the treatment of alcohol use disorder. Its lead product AD04, a selective serotonin-3 antagonist is in Phase 3 clinical trial. The company was founded by Bankole A. Johnson in November 2010 and is headquartered in Charlottesville, VA.

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