NPS Stock Hits New 52-Week High (NPSP)

NEW YORK ( TheStreet) -- NPS Pharmaceuticals (Nasdaq: NPSP) hit a new 52-week high Monday as it is currently trading at $17.68, above its previous 52-week high of $17.66 with 478,548 shares traded as of 12:44 p.m. ET. Average volume has been 1.8 million shares over the past 30 days.

NPS has a market cap of $1.69 billion and is part of the health care sector and drugs industry. Shares are up 84% year to date as of the close of trading on Friday.

NPS Pharmaceuticals, Inc., a biopharmaceutical company, engages in the development of therapeutic products in the United States. Its lead product is Gattex for the treatment of adult patients with short bowel syndrome (SBS) who are dependent on parenteral support.

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TheStreet Ratings rates NPS as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and revenue growth. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. You can view the full NPS Ratings Report.

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