Bioblast Pharma (ORPN) Shares Up 22.4%
Shares of Bioblast Pharma Ltd (NASDAQ:ORPN) shot up 22.4% on Friday . The company traded as high as $4.44 and last traded at $3.00. 3,587,987 shares were traded during mid-day trading, an increase of 296% from the average session volume of 906,831 shares. The stock had previously closed at $2.45.
Separately, ValuEngine upgraded shares of Bioblast Pharma from a “strong sell” rating to a “sell” rating in a research report on Tuesday, September 26th.
The company has a market capitalization of $10.03, a P/E ratio of -1.17 and a beta of -0.05.
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Bioblast Pharma Company Profile
Bioblast Pharma Ltd (BioBlast) is an Israel-based development-stage biopharmaceutical company. The Company is focused on the identification, licensing, acquisition, development and commercialization of drugs for rare and ultra-rare genetic and metabolic diseases. It focuses on therapeutic platforms that offer solutions for several diseases that share a common pathophysiological mechanism, which are the functional changes that accompany a particular syndrome or disease.
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