Aimmune Therapeutics Inc. (AIMT) lost ground during morning trading on April 21 to make it one of the worst performers amongst all NYSE and NASDAQ listed stocks in the health care sector halfway through the trading day. At the lunch break, shares of AIMT have fallen 3.51% to $18.96 after closing the day prior at $19.65. So far, the stock has traded as high as $19.75 and as low as $18.84. Today’s decline has come with about 119,178 shares changing hands, compared to an average 30-day volume of 329,357 for Aimmune Therapeutics Inc.. The price is currently below the 30-day volume weighted average price of $19.21 for AIMT.
The share depreciation gives the company a market capitalization of $988.7 million based upon 50.32 million shares outstanding. It also means that AIMT has a price-to-book ratio of 3.47:1.
In the past 52 weeks, shares of AIMT have traded as low as $9.77 and as high as $27.31. Technical traders will take note that at $18.96, shares of AIMT are trading above their 200-day MA at $18.24 and below their 50-day MA at $20.87. 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 below them is typically regarded as bearish.
Who is AIMT?
Aimmune Therapeutics Inc is a clinical-stage biopharmaceutical company advancing a new therapeutic approach, including the development of proprietary product candidates, for the treatment of peanut and other food allergies. The company’s 69 employees are led by CEO Stephen Dilly from the corporate headquarters at 8000 Marina Boulevard in Brisbane, CA.
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