Intra-Cellular Therapies Inc. (ITCI) has been one of the best performers amongst all NYSE and NASDAQ listed stocks in the health care sector during morning trading on September 23. At the lunch break, shares of ITCI have clocked gains of 3.74% to $42.4 after closing the day prior at $40.87. In the first two and a half hours of trading, the stock has gone as high as $42.83 and as low as $40.87. Today’s rise has come with about 258,714 shares changing hands, compared to an average 30-day volume of 395,821 for Intra-Cellular Therapies Inc.. The price is currently below the 30-day volume weighted average price of $42.19 for ITCI.
The share appreciation gives the company a market capitalization of $1.77 billion based upon 43.25 million shares outstanding. It also means that ITCI has a price-to-book ratio of 4.15:1.
In the past 52 weeks, shares of ITCI have traded as low as $22.41 and as high as $59.96. Technical traders will take note that at $42.4, shares of ITCI are trading above their 200-day MA at $38.22 and above their 50-day MA at $41.39. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.
Who is ITCI?
Intra-Cellular Therapies, Inc. is a biopharmaceutical company. The Company is engaged in discovery and clinical development of small molecule drugs that address underserved medical needs in neuropsychiatric and neurological disorders. The company’s 39 employees are led by CEO Sharon Mates from the corporate headquarters at 430 East 29th Street in New York, .
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