Intec Pharma’s (NTEC) “Buy” Rating Reiterated at Maxim Group

Intec Pharma Ltd (NASDAQ:NTEC)‘s stock had its “buy” rating reissued by equities researchers at Maxim Group in a research report issued on Friday. They presently have a $9.00 target price on the stock. Maxim Group’s price objective indicates a potential upside of 78.22% from the stock’s current price.

Shares of Intec Pharma (NASDAQ:NTEC) traded down 0.98% during midday trading on Friday, hitting $5.05. 620 shares of the company were exchanged. Intec Pharma has a one year low of $3.03 and a one year high of $6.36. The firm’s 50 day moving average price is $4.83 and its 200 day moving average price is $5.22. The firm’s market capitalization is $57.56 million.

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About Intec Pharma

Intec Pharma Ltd is an Israel-based drug development company. It is a development stage biopharmaceutical company that develops formulations of drugs using its proprietary gastric retention technology, the Accordion Pill. The Accordion Pill, a novel gastro-retentive delivery system, improves the pharmacokinetics and pharmacodynamics of various drugs.

5 Day Chart for NASDAQ:NTEC

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