Avenue Therapeutics (NASDAQ:ATXI) Shares Up 5.5%

Avenue Therapeutics, Inc. (NASDAQ:ATXIGet Free Report) shot up 5.5% on Tuesday . The company traded as high as $3.65 and last traded at $3.64. 117,090 shares traded hands during trading, an increase of 83% from the average session volume of 63,849 shares. The stock had previously closed at $3.45.

Avenue Therapeutics Stock Up 5.5 %

The firm has a market cap of $3.42 million, a PE ratio of -0.46 and a beta of -0.19. The business has a 50-day moving average price of $3.55 and a two-hundred day moving average price of $7.92.

Avenue Therapeutics (NASDAQ:ATXIGet Free Report) last posted its quarterly earnings results on Wednesday, May 15th. The company reported ($15.40) EPS for the quarter.

Avenue Therapeutics Company Profile

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Avenue Therapeutics, Inc, a specialty pharmaceutical company, focuses on the development and commercialization of therapies for the treatment of neurologic diseases. Its product candidates include AJ201, which is in a Phase 1b/2a clinical trial for the treatment of spinal and bulbar muscular atrophy; intravenous tramadol for the treatment of post-operative acute pain; and BAER-101 for the treatment of epilepsy and panic disorders.

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