Black Titan (NASDAQ:BTTC) Trading Down 1% – Here’s Why

Black Titan Corp (NASDAQ:BTTCGet Free Report) fell 1% on Friday . The stock traded as low as $1.8007 and last traded at $1.89. 76,354 shares changed hands during trading, a decline of 98% from the average session volume of 3,903,502 shares. The stock had previously closed at $1.91.

Analysts Set New Price Targets

Separately, Weiss Ratings initiated coverage on Black Titan in a research report on Monday. They issued a “sell (e-)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Get Our Latest Stock Analysis on BTTC

Black Titan Trading Down 1.0%

The firm has a market cap of $17.18 million, a PE ratio of -0.64 and a beta of 1.37.

Black Titan Company Profile

(Get Free Report)

Titan Pharmaceuticals, Inc is a biopharmaceutical company developingproprietary therapeutics for the treatment of central nervous system disorders, cancer, and other serious and life threatening diseases. In the central nervous system arena, the company is developing iloperidone, which is clinical testing for schizophrenia through a licensing and development agreement with Novartis Pharma AG. Novartis has tradenamed the product Zomaril.

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