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Genfit's (GNFT) "Buy" Rating Reaffirmed at HC Wainwright

Genfit logo with Medical background

HC Wainwright restated their buy rating on shares of Genfit (NASDAQ:GNFT - Free Report) in a research report sent to investors on Friday morning,Benzinga reports. The brokerage currently has a $13.00 target price on the stock.

Genfit Trading Down 0.9 %

Shares of GNFT stock traded down $0.04 during trading hours on Friday, reaching $3.89. The company had a trading volume of 1,286 shares, compared to its average volume of 8,412. The stock's fifty day simple moving average is $3.75 and its 200 day simple moving average is $4.43. Genfit has a twelve month low of $3.35 and a twelve month high of $6.42. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.74 and a quick ratio of 3.74.

Genfit Company Profile

(Get Free Report)

Genfit SA, a late-stage biopharmaceutical company, discovers and develops drug candidates and diagnostic solutions for metabolic and liver-related diseases. The company develops Elafibranor, which is in Phase III clinical trial to treat patients with primary biliary cholangitis. It also engages in the development of NIS4 technology for the diagnosis of nonalcoholic steatohepatitis (NASH) and fibrosis; VS-01 for the treatment of Urea Cycle Disorder (UCD) and Organic Acidemia Disorder (OAD); GNS561, which is in Phase 1b/2a trial to treat patients with cholangiocarcinoma (CCA); VS-01-ACLF and Nitazoxanide (NTZ), which is in Phase 1 trial to treat acute-on-chronic liver failure, as well as VS-02-HE, which is in preclinical trial for the treatment of Reduction of Hyperammonemia and the Stabilization of Blood Ammonia; CML-022; SRT-015, an ASK1 inhibitor targets the inhibition of cellular apoptosis, inflammation, and fibrosis.

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