Kitov Pharmaceuticals Holdings Ltd (KTOV) Shares Up 5.9%
Kitov Pharmaceuticals Holdings Ltd (NASDAQ:KTOV)’s share price traded up 5.9% during trading on Wednesday . The company traded as high as $3.34 and last traded at $3.25, with a volume of 664,407 shares traded. The stock had previously closed at $3.07.
A number of equities analysts have recently commented on the company. Zacks Investment Research raised Kitov Pharmaceuticals Holdings from a “hold” rating to a “buy” rating and set a $3.25 price target for the company in a report on Wednesday, July 13th. Rodman & Renshaw reaffirmed a “buy” rating on shares of Kitov Pharmaceuticals Holdings in a report on Monday, July 11th.
The company’s market capitalization is $12.10 million. The company has a 50-day moving average price of $3.25 and a 200-day moving average price of $3.94.
Kitov Pharmaceuticals Holdings Ltd is an Israel-based company that develops non-steroidal anti-inflammatory drugs that treat pain without raising blood pressure, thus avoiding the increased risk of heart attacks, strokes or death.
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