Separately, Maxim Group set a $7.00 price target on shares of Can Fite Biopharma and gave the company a buy rating in a research report on Wednesday, August 23rd.
Shares of Can Fite Biopharma (NASDAQ:CANF) traded up 2.1026% on Tuesday, reaching $1.5928. The company had a trading volume of 8,790 shares. The company’s market capitalization is $27.66 million. Can Fite Biopharma has a one year low of $1.50 and a one year high of $2.67. The company’s 50-day moving average is $1.68 and its 200-day moving average is $1.75.
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About Can Fite Biopharma
Can Fite Biofarma Ltd is an Israel-based biopharmaceutical company. The Company develops new treatments for autoimmune diseases and cancer. The Company’s drugs are CF101 for Psoriasis treatment, RA treatment, for the treatment of Keratoconjunctictivitis Sicca, for the treatment of Glaucoma, among others; and CF102 for the treatment of liver diseases.
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