CASI Pharmaceuticals, Inc. (NASDAQ:CASI) shares are gapping higher 18.02% pre-market with a price of $3.72 on the stock. Investors will be keeping a close eye on the stock during this session to see if the upward trend will remain throughout the day.
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The consensus analysts recommendation at this point stands at 2.00 for CASI Pharmaceuticals, Inc.. This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell. Further, analysts have a 12 month target price of $2.00 on company shares. This is according to the analysts polled by Thomson Reuters which have recently published research reports on the firm.
The equity stands 58.29% away from the 52-week high and 308.78% from the 52-week low. The RSI (Relative Strength Index), an indicator that shows price strength by comparing upward and downward close-to-close movements is 93.68.
With the recent move, the stock now boasts a market cap of 129.07and a beta of 0.94.