Madrigal Pharmaceuticals, Inc. (NASDAQ: MDGL) has caught the attention of the investment community today with its bullish price action. The company’s shares are currently up 10.76% on the day to $284.15.
Madrigal Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of therapeutic candidates for the treatment of cardiovascular, metabolic, and liver diseases. Its lead product candidate is resmetirom, a liver-directed selective thyroid hormone receptor-ß agonist, which is in Phase III clinical trials for the treatment of non-alcoholic steatohepatitis. The company also develops MGL-3745, a backup compound to resmetirom.
So far today, approximately 377.58k shares of Madrigal Pharmaceuticals, Inc. have been exchanged, as compared to an average 30-day volume of 297.56k shares.
Madrigal Pharmaceuticals, Inc. share prices have moved between a 52-week high of $315.45 and a 52-week low of $57.15. The stock has moved 6.22% over the past week.
To learn more about Madrigal Pharmaceuticals, Inc., visit the company’s website at https://www.madrigalpharma.com.
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