Kitov Pharmaceuticals Holdings Ltd. (NASDAQ:KTOV) shares shot up 55.9% on Wednesday . The company traded as high as $3.20 and last traded at $3.15. 4,615,488 shares were traded during trading, an increase of 1,424% from the average session volume of 302,760 shares. The stock had previously closed at $2.02.

The company’s market capitalization is $24.13 million. The firm’s 50-day moving average price is $1.91 and its 200-day moving average price is $1.85.

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Kitov Pharmaceuticals Holdings Company Profile

Kitov Pharmaceuticals Holdings Ltd is an Israel-based company that develops non-steroidal anti-inflammatory drugs that treat pain without raising blood pressure, thus avoiding the increased risk of heart attacks, strokes or death.

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