La Jolla Pharmaceutical Co. (LJPC) gaining 3.91% to $32.66 in recent trade despite a cautious Street Sweeper mention. The publication suggests “insider questions should chop [ticker’s] valuation by well over half”.
LJPC is currently valued at $477.35 million. The name has a median Wall Street price target of $28.00 with a high target of $60.00. Approximately 182K shares have changed hands, compared to the stock’s average daily volume of 199.21K.
In the past 52 weeks, shares of San Diego, California-based biopharmaceutical company have traded between a low of $7.20 and a high of $33.18 with the 50-day MA and 200-day MA located at $23.65 and $20.79 levels, respectively. Additionally, shares of LJPC trade at a P/E ratio of (1.00) and have a Relative Strength Index (RSI) and MACD indicator of 83.46 and +3.84, respectively.
LJPC currently prints a one year return of about 251.17% and a year-to-date return of around 70%.
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The stock closed at $62.37 at the end of Friday’s trading session, printing a one-year return of about 24% and year-to-date return of around 11%.
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