Axsome Therapeutics Inc (AXSM) Rises A lot Today, Is Now One of The Best Performer

September 17, 2017 - By Migdalia James

The stock of Axsome Therapeutics Inc (NASDAQ:AXSM) is a huge mover today! The stock increased 4.21% or $0.2 on September 15, reaching $4.95. About 104,839 shares traded. Axsome Therapeutics Inc (NASDAQ:AXSM) has declined 59.08% since September 17, 2016 and is downtrending. It has underperformed by 75.78% the S&P500.
The move comes after 5 months positive chart setup for the $116.87 million company. It was reported on Sep, 17 by Barchart.com. We have $5.10 PT which if reached, will make NASDAQ:AXSM worth $3.51 million more.

Axsome Therapeutics Inc (NASDAQ:AXSM) Ratings Coverage

Among 3 analysts covering Axsome Therapeutics (NASDAQ:AXSM), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Axsome Therapeutics had 3 analyst reports since December 14, 2015 according to SRatingsIntel. Ladenburg Thalmann initiated Axsome Therapeutics Inc (NASDAQ:AXSM) on Monday, December 14 with “Buy” rating. The stock has “Buy” rating by Cantor Fitzgerald on Tuesday, December 15. The rating was initiated by Brean Capital on Monday, October 3 with “Buy”.

More notable recent Axsome Therapeutics Inc (NASDAQ:AXSM) news were published by: Seekingalpha.com which released: “Axsome Therapeutics: An Undervalued Promising CNS Disease Company” on June 07, 2016, also Quotes.Wsj.com with their article: “Axsome Therapeutics Inc.” published on November 06, 2015, Seekingalpha.com published: “An Analysis Of Axsome Therapeutics’ Upcoming Catalysts” on May 25, 2017. More interesting news about Axsome Therapeutics Inc (NASDAQ:AXSM) were released by: Globenewswire.com and their article: “Axsome Therapeutics Reports Third Quarter 2016 Financial Results” published on November 14, 2016 as well as Globenewswire.com‘s news article titled: “Axsome Therapeutics Initiates Phase 2/3 Trial of AXS-05 for Alzheimer’s …” with publication date: July 17, 2017.

Axsome Therapeutics, Inc. is a clinical-stage biopharmaceutical company. The company has market cap of $116.87 million. The Firm is engaged in developing therapies for the management of central nervous system disorders, including pain. It currently has negative earnings. It operates in the business of developing novel therapies for the management of CNS disorders segment.

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