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PTC Therapeutics has an analyst consensus of Moderate Buy, with a price target consensus of $51.43, implying a 48.6% upside from current levels. In a report issued on April 25, J.P. Morgan also maintained a Buy rating on the stock with a $79.00 price target.
The company has a one-year high of $45.80 and a one-year low of $32.45. Currently, PTC Therapeutics has an average volume of 566.8K.
Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PTCT in relation to earlier this year.
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PTC Therapeutics, Inc. is a biopharmaceutical company, which engages in the discovery and commercialization of clinically-differentiated medicines. It focuses on the development of new treatments for multiple therapeutic areas, including rare diseases and oncology. The company was founded by Allan Steven Jacobson and Stuart W. Peltz on March 31, 1998 and is headquartered in South Plainfield, NJ.
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