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Flexion Therapeutics (NASDAQ:FLXN) hit a new 52-week low during trading on Wednesday , Analyst Ratings Network.com reports. The company traded as low as $13.37 and last traded at $13.60, with a volume of 27,958 shares trading hands. The stock had previously closed at $14.75.

A number of research firms have recently commented on FLXN. Analysts at Janney Montgomery Scott initiated coverage on shares of Flexion Therapeutics in a research note on Wednesday, March 19th. They set a “buy” rating and a $25.00 price target on the stock. Separately, analysts at Needham & Company LLC initiated coverage on shares of Flexion Therapeutics in a research note on Monday, March 10th. They set a “buy” rating on the stock. Finally, analysts at Wells Fargo & Co. initiated coverage on shares of Flexion Therapeutics in a research note on Monday, March 10th. They set an “outperform” rating on the stock.

The stock’s 50-day moving average is $17.39 and its 200-day moving average is $16.94. The company’s market cap is $211.8 million.

Flexion Therapeutics, Inc (NASDAQ:FLXN) is a specialty pharmaceutical company focused on the development and commercialization of injectable pain therapies.

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