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Ophthotech Corp (NASDAQ:OPHT) hit a new 52-week high during mid-day trading on Tuesday , Analyst Ratings News reports. The stock traded as high as $37.05 and last traded at $36.71, with a volume of 224,549 shares changing hands. The stock had previously closed at $34.43.

The stock’s 50-day moving average is $31.59 and its 200-day moving average is $30.22. The company’s market cap is $1.165 billion.

Ophthotech Corporation is a biopharmaceutical company specializing in the development of therapeutics to treat diseases of the eye.

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