A statement released earlier today by Zacks Investment Research about Conatus Pharmaceuticals Inc (NASDAQ:CNAT) bumps the target price to $2.00
- Updated: December 1, 2016
Yesterday Conatus Pharmaceuticals Inc (NASDAQ:CNAT) traded -0.55% lower at $1.81. The company’s 50-day moving average is $1.86 and its 200-day moving average is $2.02. The last stock close price is down -10.91% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 82,928 shares of the stock were exchanged, down from an average trading volume of 563,484
Zacks Investment Research bumped up the target of Conatus Pharmaceuticals Inc (NASDAQ:CNAT) to $2.00 indicating a possible upside of 0.10%.
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Conatus Pharmaceuticals Inc has a 52 week low of $1.40 and a 52 week high of $4.05 The company’s market cap is currently $0.
General Information About Conatus Pharmaceuticals Inc (NASDAQ:CNAT)
Conatus Pharmaceuticals Inc. is a biotechnology company. The Company focuses on the development and commercialization of medicines to treat liver disease. The Company operates through commercialization and development of pharmaceutical products segment. The Company is engaged in developing emricasan, which is an orally active pan-caspase protease inhibitor for the treatment of patients with chronic liver disease. Emricasan has the potential to interrupt the progression of liver disease and provide treatment options in multiple areas of liver disease. Emricasan is designed to slow or halt the progression of chronic liver disease caused by fibrosis and cirrhosis. Emricasan works by inhibiting caspases, which are a family of related enzymes that plays as modulators of critical cellular functions, including functions that result in apoptosis and inflammation.
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