Nurix Therapeutics, Inc. (NASDAQ:NRIX – Get Rating) gapped up prior to trading on Tuesday . The stock had previously closed at $10.26, but opened at $10.67. Nurix Therapeutics shares last traded at $10.75, with a volume of 316 shares changing hands.
Analysts Set New Price Targets
Several research firms have recently weighed in on NRIX. Morgan Stanley began coverage on Nurix Therapeutics in a research report on Tuesday, October 11th. They issued an “equal weight” rating and a $11.00 target price on the stock. HC Wainwright decreased their target price on Nurix Therapeutics to $53.00 in a research report on Thursday, October 13th. Finally, SVB Leerink decreased their target price on Nurix Therapeutics from $37.00 to $28.00 and set an “outperform” rating on the stock in a research report on Tuesday, December 13th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, Nurix Therapeutics currently has an average rating of “Moderate Buy” and an average price target of $32.90.
Nurix Therapeutics Price Performance
The stock has a market cap of $533.24 million, a price-to-earnings ratio of -3.05 and a beta of 1.63. The firm has a fifty day moving average of $11.93 and a 200 day moving average of $13.70.
Institutional Investors Weigh In On Nurix Therapeutics
Nurix Therapeutics Company Profile
Nurix Therapeutics, Inc, a biopharmaceutical company, focuses on the discovery, development, and commercialization of small molecule therapies for the treatment of cancer and immune disorders. The company develops NX-2127, an orally available Bruton's tyrosine kinase (BTK) degrader for the treatment of relapsed or refractory B-cell malignancies; NX-5948, an orally bioavailable BTK degrader for the treatment of relapsed or refractory B-cell malignancies and autoimmune diseases; and NX-1607, an orally available Casitas B-lineage lymphoma proto-oncogene-B (CBL-B) inhibitor for immuno-oncology indications.
- Get a free copy of the StockNews.com research report on Nurix Therapeutics (NRIX)
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