Several other equities research analysts also recently commented on the stock. Zacks Investment Research downgraded shares of Capricor Therapeutics from a buy rating to a hold rating in a research note on Tuesday, July 16th. HC Wainwright lifted their price objective on shares of Capricor Therapeutics from $3.50 to $12.40 and gave the stock a buy rating in a research note on Monday, July 15th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of $5.63.
NASDAQ CAPR traded down $0.16 on Thursday, hitting $3.82. The stock had a trading volume of 43,129 shares, compared to its average volume of 2,304,257. Capricor Therapeutics has a 52-week low of $2.53 and a 52-week high of $12.30. The business has a fifty day moving average of $4.11. The company has a market capitalization of $13.26 million, a PE ratio of -0.73 and a beta of 1.69.
About Capricor Therapeutics
Capricor Therapeutics, Inc (NASDAQ:CAPR) is a clinical-stage biotechnology company focused on the discovery, development and commercialization of first-in-class biological therapeutics for the treatment of rare disorders. Capricor’s lead candidate, CAP-1002, is an allogeneic cell therapy that is currently in clinical development for the treatment of Duchenne muscular dystrophy.
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