Aurinia Pharmaceuticals Inc. (AUPH) Trading Up 10.2%
Aurinia Pharmaceuticals Inc. (NASDAQ:AUPH)’s share price was up 10.2% during mid-day trading on Wednesday . The company traded as high as $3.29 and last traded at $3.23, with a volume of 73,668 shares. The stock had previously closed at $2.93.
A number of equities analysts recently issued reports on AUPH shares. Canaccord Genuity reissued a “buy” rating on shares of Aurinia Pharmaceuticals in a report on Thursday, May 12th. HC Wainwright started coverage on shares of Aurinia Pharmaceuticals in a report on Thursday, June 30th. They issued a “buy” rating and a $7.00 price objective on the stock. Zacks Investment Research raised shares of Aurinia Pharmaceuticals from a “sell” rating to a “hold” rating in a report on Tuesday, May 24th. Finally, Leerink Swann reissued an “outperform” rating and issued a $7.00 price objective on shares of Aurinia Pharmaceuticals in a report on Wednesday. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $7.15.
Aurinia Pharmaceuticals Inc (Aurinia) is a Canada-based is a clinical stage pharmaceutical company. The Company is focused on the development of its therapeutic immunomodulating drug candidate, voclosporin, which is a calcineurin inhibitor (CNI). Voclosporin is an oral drug, administered twice daily.
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