Pheton Holdings Ltd (NASDAQ:PTHL - Get Free Report) fell 8.6% on Wednesday . The company traded as low as $16.96 and last traded at $17.12. 479,146 shares were traded during mid-day trading, an increase of 108% from the average session volume of 229,894 shares. The stock had previously closed at $18.74.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded Pheton to a "hold" rating in a research report on Thursday, May 22nd.
Get Our Latest Research Report on Pheton
Pheton Stock Up 1.3%
The company has a 50 day simple moving average of $8.53 and a two-hundred day simple moving average of $5.19.
Pheton Company Profile
(
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Pheton Holdings Ltd. operates as a holding company with interests in providing healthcare solutions. The firm through its subsidiaries engages in the development and commercialization of brachytherapy TPS specifically used for radioactive particle implantation, a type of radiotherapy used in treating cancer patients by placing radioactive sources inside the patient that kill cancer cells and shrink tumors.
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