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Pheton (NASDAQ:PTHL) Stock Price Up 2.3% - Still a Buy?

Pheton logo with Medical background

Pheton Holdings Ltd (NASDAQ:PTHL - Get Free Report)'s stock price traded up 2.3% during mid-day trading on Friday . The company traded as high as $22.33 and last traded at $22.22. 1,888,754 shares changed hands during trading, an increase of 428% from the average session volume of 357,781 shares. The stock had previously closed at $21.73.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Pheton to a "hold" rating in a report on Thursday, May 22nd.

View Our Latest Stock Analysis on Pheton

Pheton Trading Down 0.5%

The stock's fifty day simple moving average is $14.15 and its 200-day simple moving average is $7.10.

Pheton Company Profile

(Get Free Report)

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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