Pheton Holdings Ltd (NASDAQ:PTHL – Get Free Report)’s stock price dropped 8.6% during trading on Wednesday . The company traded as low as $16.96 and last traded at $17.12. Approximately 479,146 shares traded hands during trading, an increase of 108% from the average daily volume of 229,894 shares. The stock had previously closed at $18.74.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded Pheton to a “hold” rating in a report on Thursday, May 22nd.
Read Our Latest Report on Pheton
Pheton Stock Performance
Pheton Company Profile
Pheton Holdings Ltd. operates as a holding company with interests in providing healthcare solutions. The firm through its subsidiaries engages in the development and commercialization of brachytherapy TPS specifically used for radioactive particle implantation, a type of radiotherapy used in treating cancer patients by placing radioactive sources inside the patient that kill cancer cells and shrink tumors.
Recommended Stories
- Five stocks we like better than Pheton
- Why Invest in 5G? How to Invest in 5G Stocks
- Top 3 Bank Stocks to Watch as Fed Rate Cuts Loom
- NYSE Stocks Give Investors a Variety of Quality Options
- Uber and Tesla Surge on Robotaxis, Analyst Touts Texas Rides
- What is Short Interest? How to Use It
- ASML Keeps Buying Back Its Own Stock—Chasing Discount and Upside
Receive News & Ratings for Pheton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pheton and related companies with MarketBeat.com's FREE daily email newsletter.