StockNews.com Initiates Coverage on Titan Pharmaceuticals (NASDAQ:TTNP)

StockNews.com began coverage on shares of Titan Pharmaceuticals (NASDAQ:TTNPFree Report) in a research note issued to investors on Saturday. The firm issued a sell rating on the specialty pharmaceutical company’s stock.

Titan Pharmaceuticals Trading Up 1.3 %

Titan Pharmaceuticals stock opened at $4.42 on Friday. The stock has a fifty day moving average price of $4.92 and a two-hundred day moving average price of $5.75. Titan Pharmaceuticals has a 52-week low of $3.57 and a 52-week high of $14.80.

Titan Pharmaceuticals (NASDAQ:TTNPGet Free Report) last announced its quarterly earnings results on Thursday, August 15th. The specialty pharmaceutical company reported ($2.29) earnings per share (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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