Aptose Biosciences, Inc. (APTO) Sees Strong Trading Volume

Aptose Biosciences, Inc. (NASDAQ:APTO) (TSE:APS) shares saw unusually-strong trading volume on Tuesday . Approximately 2,034,100 shares changed hands during mid-day trading, an increase of 415% from the previous session’s volume of 394,783 shares.The stock last traded at $2.05 and had previously closed at $1.70.

A number of analysts have recently weighed in on APTO shares. Zacks Investment Research upgraded shares of Aptose Biosciences from a “hold” rating to a “buy” rating and set a $1.50 price objective on the stock in a research note on Monday, August 14th. ValuEngine lowered shares of Aptose Biosciences from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st. HC Wainwright upgraded shares of Aptose Biosciences from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $1.00 to $4.00 in a research note on Thursday, September 7th. Finally, Roth Capital reissued a “buy” rating and set a $5.00 price target on shares of Aptose Biosciences in a report on Monday, October 23rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $5.90.

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About Aptose Biosciences

Aptose Biosciences Inc (Aptose) is a clinical-stage biotechnology company. The Company is engaged in the development of anticancer drugs that target specific epigenetic processes and signal transduction abnormalities that underlie a particular life-threatening malignancy. Its product pipeline includes cancer drug candidates that exert activity as stand-alone agents and that enhance the activities of other anticancer agents without causing overlapping toxicities.

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