In yesterday’s Wall Street session, 180 Life Sciences Corp (NASDAQ:ATNF) shares traded at $4.26, up 9.79% from the previous session.
ATNF stock price is now 90.23% away from the 50-day moving average and 73.80% away from the 200-day moving average. The market capitalization of the company currently stands at $2.26M.
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With the price target of $11, Maxim Group recently initiated with Buy rating for 180 Life Sciences Corp (NASDAQ: ATNF).
In other news, Feldmann Marc, Director sold 25,000 shares of the company’s stock on Dec 15 ’23. The stock was sold for $4,700 at an average price of $0.19. Upon completion of the transaction, the Director now directly owns 115,497 shares in the company, valued at $0.49 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 15 ’23, Chief Executive Officer Woody James N. bought 25,000 shares of the business’s stock. A total of $4,700 was incurred on buying the stock at an average price of $0.19. This leaves the insider owning 66,888 shares of the company worth $0.28 million. A total of 8.37% of the company’s stock is owned by insiders.
During the past 12 months, 180 Life Sciences Corp has had a low of $1.16 and a high of $17.75. The fifty day moving average price for ATNF is $2.2394 and a two-hundred day moving average price translates $2.45115 for the stock.
The latest earnings results from 180 Life Sciences Corp (NASDAQ: ATNF) was released for 2024-06-30. The company reported revenue of $1.85 million for the quarter, compared to $3.68 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -49.85 percent.
