Financial News
Oramed Pharmaceuticals Inc. (NASDAQ: ORMP) Making Surprising Moves in Tuesday Session
Oramed Pharmaceuticals Inc. (NASDAQ: ORMP) has caught the attention of the investment community today with its bullish price action. The company’s shares are currently up 22.36% on the day to $3.83.
Oramed Pharmaceuticals Inc. engages in the research and development of pharmaceutical solutions for the treatment of diabetes and for the use of orally ingestible capsules or pills for delivery of polypeptides. Its proprietary flagship product is the ORMD-0801, an orally ingestible insulin capsule, which completed phase II clinical trials for the treatment of individuals with diabetes. It is also developing ORMD-0901, an oral glucagon-like peptide-1 capsule that has completed phase I clinical trials.
So far today, approximately 2.49M shares of Oramed Pharmaceuticals Inc. have been exchanged, as compared to an average 30-day volume of 1.33M shares.
Oramed Pharmaceuticals Inc. share prices have moved between a 52-week high of $13.73 and a 52-week low of $1.81. The stock has moved 7.93% over the past week.
To learn more about Oramed Pharmaceuticals Inc., visit the company’s website at https://www.oramed.com.
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