Advaxis Inc. (ADXS) Trading 8.2% Higher

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Advaxis Inc. (NASDAQ:ADXS)’s share price traded up 8.2% during trading on Monday . The company traded as high as $11.38 and last traded at $11.11, with a volume of 711,187 shares. The stock had previously closed at $10.27.
A number of equities research analysts have recently issued reports on ADXS shares. Jefferies Group reaffirmed a “buy” rating and issued a $24.00 price objective on shares of Advaxis in a research note on Friday. HC Wainwright reissued a “buy” rating and set a $23.00 price target on shares of Advaxis in a research report on Friday, August 5th. Barclays PLC increased their price target on shares of Advaxis from $15.00 to $20.00 and gave the company an “overweight” rating in a research report on Wednesday, August 3rd. Finally, FBR & Co reissued an “outperform” rating and set a $34.00 price target on shares of Advaxis in a research report on Thursday, July 7th. Five investment analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus price target of $24.60.
The company’s market cap is $434.30 million. The stock’s 50 day moving average price is $11.97 and its 200 day moving average price is $9.24.

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In other news, Director Richard J. Berman sold 18,000 shares of the business’s stock in a transaction on Monday, August 8th. The shares were sold at an average price of $15.21, for a total transaction of $273,780.00. Following the completion of the sale, the director now directly owns 66,430 shares of the company’s stock, valued at $1,010,400.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David Sidransky sold 22,808 shares of the business’s stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $15.01, for a total transaction of $342,348.08. Following the sale, the director now directly owns 91,759 shares of the company’s stock, valued at $1,377,302.59. The disclosure for this sale can be found here. Insiders own 4.56% of the company’s stock.
Advaxis Company Profile
Advaxis, Inc is a clinical-stage biotechnology company. The Company’s immunotherapies are based on a platform technology that utilizes live attenuated Listeria monocytogenes (Lm or Listeria) bioengineered to secrete antigen/adjuvant fusion proteins. It is focused on the discovery, development and commercialization of Lm-LLO cancer immunotherapies.

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