Could Aurinia Pharmaceuticals (AUPH) be worth $32 in the next year?
What’s up with Aurinia Pharmaceuticals?
Aurinia Pharmaceuticals (AUPH) opened at $17.21, which means the stock is up 6.10% from yesterday’s closing price of 17.40. Today, the company has a high of $18.40 and a low of $17.17. The company has a market cap of $2.05 billion with a 52-week high of $21.93 and a 52-week low of $3.52.
What about the future for Aurinia Pharmaceuticals?
The high forecast for Aurinia Pharmaceuticals is $32.00 while the low is $20.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. Aurinia Pharmaceuticals has a strong forecast. A strong forecast is a result of strong earning reports as investors are willing to pay a higher share price today because of growth expectations in the future. Based on this information AUPH seems to be a safe buy.
About Aurinia Pharmaceuticals
Aurinia Pharmaceuticals, Inc. operates as a clinical stage biopharmaceutical company, which engages in the development of a therapeutic drug to treat autoimmune diseases. The company was founded by Robert Foster, Richard Glickman, and Michael Martin on June 16, 1993 and is headquartered in Victoria, Canada.