RegeneRx Biopharmaceuticals’ (RGRX) Buy Rating Reaffirmed at HC Wainwright
RegeneRx Biopharmaceuticals Inc (NASDAQ:RGRX)‘s stock had its “buy” rating reiterated by analysts at HC Wainwright in a research report issued to clients and investors on Thursday. They presently have a $2.00 price target on the biopharmaceutical company’s stock.
Shares of RegeneRx Biopharmaceuticals (RGRX) traded up 1.064% during midday trading on Thursday, reaching $0.285. The company’s stock had a trading volume of 54,829 shares. RegeneRx Biopharmaceuticals has a one year low of $0.22 and a one year high of $0.40. The company has a market capitalization of $30.46 million and a P/E ratio of 25.909. The stock’s 50-day moving average is $0.28 and its 200-day moving average is $0.28.
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RegeneRx Biopharmaceuticals Company Profile
RegeneRx Biopharmaceuticals, Inc is a biopharmaceutical company. The Company is focused on the development of a therapeutic peptide, Thymosin beta 4 (Tb4), for tissue and organ protection, repair and regeneration. The Company’s segment is the development and marketing of product candidates based on Tb4, an amino acid peptide.
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