Shares of THERAPIX BIOSCI/S (NASDAQ:TRPX) shot up 19.4% on Thursday . The company traded as high as $2.15 and last traded at $1.72, 1,299,000 shares traded hands during trading. An increase of 1,439% from the average session volume of 84,430 shares. The stock had previously closed at $1.44.

Separately, ValuEngine raised THERAPIX BIOSCI/S from a “hold” rating to a “buy” rating in a report on Thursday, August 1st.

The business has a fifty day simple moving average of $2.38 and a two-hundred day simple moving average of $2.60.

THERAPIX BIOSCI/S Company Profile (NASDAQ:TRPX)

Therapix Biosciences Ltd., a specialty clinical-stage pharmaceutical company, develops drugs based on cannabinoid molecules. Its drug development programs include THX-110 for the treatment of Tourette syndrome, Obstructive Sleep Apnea, and pain; THX-130 for the treatment of Mild Cognitive Impairment and Traumatic Brain Injury; THX-150 for the treatment of infectious diseases; and THX-160 for the treatment of pain.

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