Titan Pharmaceuticals (NASDAQ:TTNP) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Titan Pharmaceuticals, Inc. (NASDAQ:TTNPGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.37 and traded as high as $4.39. Titan Pharmaceuticals shares last traded at $3.98, with a volume of 40,794 shares trading hands.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Titan Pharmaceuticals in a research note on Saturday. They issued a “sell” rating on the stock.

Get Our Latest Research Report on TTNP

Titan Pharmaceuticals Stock Up 1.5 %

The firm has a 50 day simple moving average of $3.53 and a two-hundred day simple moving average of $4.36.

Titan Pharmaceuticals (NASDAQ:TTNPGet Free Report) last posted its quarterly earnings results on Friday, January 3rd. The specialty pharmaceutical company reported ($0.83) EPS for the quarter.

Titan Pharmaceuticals Company Profile

(Get Free Report)

Titan Pharmaceuticals, Inc, a pharmaceutical company, develops therapeutics for the treatment of chronic diseases in the United States and internationally. It develops products based on ProNeura, a proprietary long-term drug delivery platform. It also develops TP-2021 in combination with ProNeura technology for the treatment of chronic pruritus, a severe and debilitating condition defined as itching of the skin lasting longer than six weeks; and Nalmefene implant program for the prevention of opioid relapse following detoxification of patients suffering opioid use disorder.

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