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Analyzing The Price Action In Artelo Biosciences Stock Today

February 12, 2021 9:54 am
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The Price And Volume Action In Artelo Biosciences's Stock Today

Artelo Biosciences's (NASDAQ:ARTL) stock has been rising Friday, up 106.12% to a price of $3.29. Friday the stock has been traded at a volume of 51.68 million, about 713.6% of its recent 30-day volume average of 7.25 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Artelo Biosciences shares are trading higher after Ladenburg Thalmann initiated coverage on the stock with a Buy rating and announced a $7 price target.

Further Analysis of Recent Price Action

The moving average price of the stock over the past 50 days was $0.9 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $2.13 and as low as $0.45.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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