MOTIF BIO PLC/S (MTFB) Reaches New 1-Year Low at $6.84

Shares of MOTIF BIO PLC/S (NASDAQ:MTFB) reached a new 52-week low on Thursday . The stock traded as low as $6.84 and last traded at $6.84, with a volume of 110 shares changing hands. The stock had previously closed at $7.10.

Several research firms recently weighed in on MTFB. HC Wainwright set a $32.00 price target on MOTIF BIO PLC/S and gave the company a “buy” rating in a report on Tuesday, August 14th. ValuEngine raised MOTIF BIO PLC/S from a “hold” rating to a “buy” rating in a research report on Tuesday, September 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. MOTIF BIO PLC/S presently has an average rating of “Hold” and an average price target of $19.50.

The stock has a market cap of $103.94 million, a P/E ratio of -36.58 and a beta of 0.52.

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Motif Bio plc, a clinical stage biopharmaceutical company, develops and commercializes pharmaceutical formulations in the United States. The company develops novel antibiotics for the treatment of serious and life-threatening infections caused by multi-drug resistant bacteria. Its lead product candidate is iclaprim, a novel antibiotic that is in Phase III clinical trials to treat bacterial infections, such as acute bacterial skin and skin structure infections, and hospital-acquired bacterial pneumonia caused by methicillin-resistant staphylococcus aureus, as well as to treat lung infections caused by Staphylococcus aureus in patients with cystic fibrosis.

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