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Dec 29, 2021 1:45 AM

BNTC Gene Therapy Penny Stock Long

Benitec Biopharma Inc.NASDAQ

Description

BTC Benitec Biopharma is sitting now at a key support from which we can expect a bounce.

We know that earlier this year they had a 7.5mil offering price to the public of $4.25 per share and that Morgan Stanley has a 5.2% stake in the genetic drug company.

Benitec's "proprietary platform, called DNA-directed RNA interference, or ddRNAi, combines RNA interference, or RNAi, with gene therapy to create medicines that facilitate sustained silencing of disease-causing genes following a single administration.

Market Cap 22.472Mil

My price targets are 4.70 and 5.70 usd.

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