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Maxim Group Sticks to Its Hold Rating for Adial Pharmaceuticals (ADIL)

Maxim Group analyst Jason McCarthy maintained a Hold rating on Adial Pharmaceuticals (ADILResearch Report) yesterday. The company’s shares opened today at $0.42.

According to TipRanks, McCarthy is an analyst with an average return of -44.0% and an 8.84% success rate. McCarthy covers the Healthcare sector, focusing on stocks such as Adial Pharmaceuticals, Atossa Therapeutics, and Capricor Therapeutics.

Adial Pharmaceuticals has an analyst consensus of Moderate Buy.

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The company has a one-year high of $5.00 and a one-year low of $0.34. Currently, Adial Pharmaceuticals has an average volume of 737.3K.

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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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