Morphic Holding, Inc. (NASDAQ: MORF) has caught the attention of the investment community today with its bullish price action. The company’s shares are currently up 22.71% on the day to $42.51.
Morphic Holding, Inc., a biopharmaceutical company, discovers and develops oral small-molecule integrin therapeutics for the treatment of autoimmune, cardiovascular, metabolic diseases, as well as fibrosis and cancer. Its lead product candidates are MORF-057, an a4ß7-specific integrin inhibitor affecting inflammation that is in Phase 1 clinical trial for the treatment of inflammatory bowel disease; and preclinical trial to treat idiopathic pulmonary fibrosis and fibrosis diseases.
So far today, approximately 526.18k shares of Morphic Holding, Inc. have been exchanged, as compared to an average 30-day volume of 307.38k shares.
Morphic Holding, Inc. share prices have moved between a 52-week high of $49.24 and a 52-week low of $19.23. The stock has moved -2.59% over the past week.
To learn more about Morphic Holding, Inc., visit the company’s website at https://www.morphictx.com.
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