Medivation Reaches New 52-Week High (MDVN)
NEW YORK (
) --
(Nasdaq:
) hit a new 52-week high Thursday as it is currently trading at $89.17, above its previous 52-week high of $89.16 with 157,165 shares traded as of 11:03 a.m. ET. Average volume has been 697,500 shares over the past 30 days.
Medivation has a market cap of $3.14 billion and is part of the
sector and
industry. Shares are up 91.6% year to date as of the close of trading on Wednesday.
Medivation, Inc., a biopharmaceutical company, focuses on developing novel small molecule drugs for the treatment of serious diseases in the United States and Europe.
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TheStreet Ratings rates Medivation as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and increase in net income. However, as a counter to these strengths, we also find weaknesses including poor profit margins and generally poor debt management. You can view the full
.
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