Is Aurinia Pharmaceuticals a Buy?
There's good news and bad news for Aurinia Pharmaceuticals (NASDAQ: AUPH) shareholders. Let's start with the good news. The company has had a fantastic 2017, with its stock price soaring more than 120% year to date with less than two weeks remaining in the year.
Now for the bad news. All of those gains -- and a lot more -- came during the first few months of the year. Since late March, Aurinia has lost nearly half of its market cap. This big pullback resulted primarily from a stock offering that diluted the value of existing shares. But with a new year just around the corner, is Aurinia Pharmaceuticals a buy now?
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Source: Fool.com
Aurinia Pharmaceuticals Inc. Stock
€4.89
3.170%
The community is currently still undecided about Aurinia Pharmaceuticals Inc. with 0 Buy predictions and 1 Sell predictions.
However, we have a potential of 104.71% for Aurinia Pharmaceuticals Inc. as the target price of 10 € is above the current price of 4.89 €.
