CNS Pharmaceuticals (NASDAQ:CNSP) Stock Price Up 6.5% – What’s Next?

CNS Pharmaceuticals, Inc. (NASDAQ:CNSPGet Free Report) shot up 6.5% during mid-day trading on Wednesday . The stock traded as high as $0.12 and last traded at $0.12. 13,369,292 shares traded hands during trading, an increase of 139% from the average session volume of 5,602,099 shares. The stock had previously closed at $0.11.

Analyst Ratings Changes

Separately, Maxim Group upgraded shares of CNS Pharmaceuticals from a “hold” rating to a “buy” rating and set a $0.50 price objective for the company in a research report on Tuesday, September 10th.

Read Our Latest Stock Report on CNSP

CNS Pharmaceuticals Price Performance

The stock has a 50 day moving average of $0.12 and a two-hundred day moving average of $0.42. The stock has a market capitalization of $6.92 million, a PE ratio of 0.00 and a beta of 2.55.

CNS Pharmaceuticals Company Profile

(Get Free Report)

CNS Pharmaceuticals, Inc, a clinical pharmaceutical company, engages in the development of anti-cancer drug candidates for the treatment of brain and central nervous system tumors. The company's lead drug candidate is Berubicin, which completed Phase I clinical trial that is used for the treatment of glioblastoma multiforme.

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