ProQR Therapeutics N.V. (PRQR) 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 PRQR have clocked gains of 4.05% to $7.45 after closing the day prior at $7.16. In the first two and a half hours of trading, the stock has gone as high as $7.89 and as low as $7.4. Today’s rise has come with about 50,350 shares changing hands, compared to an average 30-day volume of 35,992 for ProQR Therapeutics N.V.. The price is currently below the 30-day volume weighted average price of $7.62 for PRQR.
The share appreciation gives the company a market capitalization of $167.16 million based upon 23.35 million shares outstanding. It also means that PRQR has a price-to-book ratio of 2.11:1.
In the past 52 weeks, shares of PRQR have traded as low as $3.48 and as high as $20.05. Technical traders will take note that at $7.45, shares of PRQR are trading above their 200-day MA at $5.4 and above their 50-day MA at $5.41. 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 PRQR?
ProQR Therapeutics NV is a biopharmaceutical company engaged in the discovery & development of RNA-based therapeutics for the treatment of severe genetic disorders. The company’s 100 employees are led by CEO Daniel de Boer from the corporate headquarters at Darwinweg 24 in Leiden, .
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