Pressure BioSciences, Inc. (PBIO) Prices Surge over 18% on Skyrocketing Volume
After Redchip’s announcement this morning that Pressure BioSciences would be a featured company in their upcoming investor conference, prices surged to reach a High-of-Day at $6.82, which is 18.2% higher than yesterday’s close. Volume also exploded reaching a 852% increase compared to the 15 day average. Dutton Associates recently issued a research note reiterating their “Strong Speculative Buy” rating and initiating price target of $10. In conclusion of the independent report, the analyst stated, “In sum, we believe that Pressure BioSciences has attained its short-term goals regarding commercialization and is well poised to continue to market its PCT systems in the…