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Maxim Group Reaffirms Their Hold Rating on First Wave Bio (FWBI)

In a report released yesterday, Naz Rahman from Maxim Group maintained a Hold rating on First Wave Bio (FWBIResearch Report). The company’s shares closed last Friday at $1.41, close to its 52-week low of $1.27.

According to TipRanks.com, Rahman has 0 stars on 0-5 stars ranking scale with an average return of -35.0% and a 4.3% success rate. Rahman covers the Healthcare sector, focusing on stocks such as Clarus Therapeutics Holdings, Galmed Pharmaceuticals, and Vertex Pharmaceuticals.

First Wave Bio has an analyst consensus of Hold.

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The company has a one-year high of $26.30 and a one-year low of $1.27. Currently, First Wave Bio has an average volume of 1.61M.

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AzurRx BioPharma, Inc. engages in the research and development of non-systemic biologics for the treatment of patients with gastrointestinal disorders. It focuses on MS1819-SD, and B-Lactamase program products. The company was founded on January 30, 2014 and is headquartered in Brooklyn, NY.

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