Vistagen Therapeutics Inc (NASDAQ:VTGN) shares rose 5.8% during mid-day trading on Monday . The company traded as high as $1.48 and last traded at $1.45. Approximately 13,309 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 1,922,024 shares. The stock had previously closed at $1.54.
VTGN has been the topic of a number of recent analyst reports. UBS Group initiated coverage on shares of Vistagen Therapeutics in a research report on Thursday, May 24th. They issued an “outperform” rating and a $6.00 price target on the stock. Zacks Investment Research reiterated a “buy” rating and issued a $1.00 price objective on shares of Vistagen Therapeutics in a research note on Saturday, April 7th. Finally, Oppenheimer began coverage on shares of Vistagen Therapeutics in a research note on Thursday, May 24th. They issued a “buy” rating and a $6.00 price objective for the company.
The company has a market cap of $33.90 million, a price-to-earnings ratio of -0.92 and a beta of 0.29.
Vistagen Therapeutics Company Profile
VistaGen Therapeutics, Inc, a clinical-stage biopharmaceutical company, engages in developing and commercializing medicines for depression and other central nervous system (CNS) disorders. The company's lead product candidate is AV-101, which is in Phase II development stage, an adjunctive treatment used for major depressive disorder.
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