Shares of Aytu Bioscience Inc (NASDAQ:AYTU) saw unusually-strong trading volume on Friday . Approximately 2,367,954 shares were traded during mid-day trading, an increase of 840% from the previous session’s volume of 251,829 shares.The stock last traded at $1.01 and had previously closed at $0.88.
Separately, Northland Securities started coverage on shares of Aytu Bioscience in a report on Monday, October 22nd. They issued an “outperform” rating and a $10.00 price target on the stock.
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Aytu BioScience, Inc, a specialty healthcare company, focuses on developing and commercializing novel products in the field of hypogonadism (low testosterone), insomnia, and male infertility in the United States and internationally. The company markets Natesto, a nasal gel for the treatment of hypogonadism (low testosterone) in men; and ZolpiMist, an oral spray for the treatment of insomnia.
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