KITOV PHARMA LT/S (KTOV) Sets New 52-Week Low at $1.60
KITOV PHARMA LT/S (NASDAQ:KTOV) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $1.60 and last traded at $1.68, with a volume of 2461 shares. The stock had previously closed at $1.90.
A number of equities research analysts have issued reports on KTOV shares. Zacks Investment Research upgraded shares of KITOV PHARMA LT/S from a “sell” rating to a “hold” rating in a research note on Friday, June 15th. HC Wainwright reiterated a “buy” rating and set a $12.50 price objective on shares of KITOV PHARMA LT/S in a research note on Tuesday, June 19th.
The firm has a market capitalization of $30.57 million, a P/E ratio of -1.28 and a beta of 2.34.
Kitov Pharma Ltd, through its subsidiaries, operates as a development stage biopharmaceutical company in Israel. It develops combination drugs for the simultaneous treatment of pain caused by osteoarthritis and hypertension. The company's lead drug candidate is KIT-302, a fixed dosage combination product based on the generic drugs celecoxib and amlodipine besylate that has completed its Phase III clinical study.
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