Receptos Inc Hits New 52-Week High at $34.45 (RCPT)
Shares of Receptos (NASDAQ:RCPT) hit a new 52-week high on Wednesday, AR Network reports. The company traded as high as $34.45 and last traded at $34.05, with a volume of 1,555,638 shares trading hands. The stock had previously closed at $27.00.
RCPT has been the subject of a number of recent research reports. Analysts at Credit Suisse raised their price target on shares of Receptos from $21.00 to $31.00 in a research note to investors on Wednesday. They now have an “outperform” rating on the stock. Separately, analysts at Wedbush reiterated a “buy” rating on shares of Receptos in a research note to investors on Wednesday. They now have a $19.39 price target on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Receptos to $40.00 in a research note to investors on Wednesday.
Receptos has a one year low of $13.00 and a one year high of $31.82. The stock’s 50-day moving average is $23.31 and its 200-day moving average is $19.39.
Receptos, Inc (NASDAQ:RCPT) is a biopharmaceutical company.
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