Prime Medicine (NASDAQ:PRME) Hits New 12-Month High – What’s Next?

Prime Medicine, Inc. (NASDAQ:PRMEGet Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $5.63 and last traded at $5.54, with a volume of 3228599 shares trading hands. The stock had previously closed at $5.32.

Analysts Set New Price Targets

Separately, Wall Street Zen cut shares of Prime Medicine from a “hold” rating to a “sell” rating in a research note on Tuesday, September 2nd.

Read Our Latest Research Report on Prime Medicine

Prime Medicine Trading Up 19.3%

The stock has a market capitalization of $897.61 million, a PE ratio of -4.28 and a beta of 2.64.

About Prime Medicine

(Get Free Report)

We are a biotechnology company committed to delivering a new class of differentiated one-time curative genetic therapies, Prime Editors, to address the widest spectrum of diseases by deploying our Prime Editing technology, which we believe is a versatile, precise, efficient and broad gene editing technology.

Further Reading

Receive News & Ratings for Prime Medicine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prime Medicine and related companies with MarketBeat.com's FREE daily email newsletter.