Avid Bioservices Inc (CDMO)

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Peregrine Pharmaceuticals Inc (NASDAQ:PPHM) stock has received a short term price target of $ 4.5 from 2 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $0.71. The higher estimate of target price is $5 , while the lower price target estimate is $4 Shares of Peregrine Pharmaceuticals Inc (NASDAQ:PPHM) ended the trading session higher after solid profit booking was seen in the counter during day trade. The trading commenced with the first trade executed at $1.46 and concluded with a gain of 0.02 points or 1.37% at $1.48. Intraday, some money was taken off the table which saw the price dip to $1.45. The volume at the end of the trading session was 587,554 shares. The 52-week high of the shares is $3.18 and the 52-week low is $1.24. The market cap of the company is $266 million and there are 179,505,000 shares in public circulation.