Shares of Regeneron Pharmaceuticals Inc. (NASDAQ:REGN) traded today at $697.00, eclipsing their 12-month high. This new high was reached on below average trading volume as 160,000 shares traded hands, while the average 30-day volume is approximately 723,000 shares.
Regeneron Pharmaceuticals Inc. is currently priced 0.5% above its average consensus analyst price target of $684.66.
Regeneron Pharmaceuticals discovers, develops, and commercializes products that fight eye disease, cardiovascular disease, cancer, and inflammation. The company has several marketed products, including Eylea, approved for wet age-related macular degeneration and other eye diseases; Praluent for LDL cholesterol lowering; Dupixent in atopic dermatitis, asthma, and nasal polyposis; Libtayo in cutaneous squamous cell carcinoma; and Kevzara in rheumatoid arthritis. Regeneron is also developing monoclonal antibodies with Sanofi in immunology and cancer, and bispecific antibodies and antibody cocktails with other collaborators and independently.
Over the past year, Regeneron Pharmaceuticals Inc. has traded in a range of $451.60 to $697.00 and is now at $688.10, 52% above that low.
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