The stock of Aurinia Pharmaceuticals Inc (TSE:AUP) is a huge mover today! About 18,576 shares traded hands. Aurinia Pharmaceuticals Inc (TSE:AUP) has risen 19.17% since April 22, 2016 and is uptrending. It has outperformed by 13.15% the S&P500.
The move comes after 7 months negative chart setup for the $156.58M company. It was reported on Nov, 28 by Barchart.com. We have $3.79 PT which if reached, will make TSE:AUP worth $10.96M less.
Aurinia Pharmaceuticals Inc. is a Canada clinical-stage biopharmaceutical firm operating in the field of nephrology and autoimmunity. The company has a market cap of $156.58 million. The Company’s primary business is the development of a therapeutic drug to treat autoimmune diseases, in particular lupus nephritis . It currently has negative earnings. It is focused on the development of its lead compound voclosporin, a therapeutic immunomodulating drug candidate, which is a second-generation calcineurin inhibitors (CNI) to treat patients afflicted with LN.
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