StockNews.com Begins Coverage on Can-Fite BioPharma (NYSE:CANF)

Equities research analysts at StockNews.com assumed coverage on shares of Can-Fite BioPharma (NYSE:CANF – Get Rating) in a report issued on Thursday. The firm set a “hold” rating on the stock.

Can-Fite BioPharma Price Performance

Can-Fite BioPharma stock opened at $2.36 on Thursday. Can-Fite BioPharma has a fifty-two week low of $1.52 and a fifty-two week high of $11.20. The company has a market capitalization of $8.35 million, a P/E ratio of -0.64 and a beta of 1.29.

Can-Fite BioPharma Company Profile

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Can-Fite BioPharma Ltd. is a biopharmaceutical company, which engages in the development of drugs for the treatment of cancer, liver and inflammatory diseases and erectile dysfunction. Its product pipeline include Piclidenoson, Namodenoson, and CF602. The company was founded by Pnina Fishman and Ilan Cohn on September 11, 1994 and is headquartered in Petach-Tikva, Israel.