Outlook Therapeutics (NASDAQ:OTLK) released its earnings results on Friday. The company reported ($0.09) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.10) by $0.01, MarketWatch Earnings reports.
Shares of NASDAQ:OTLK traded up $0.15 during midday trading on Friday, reaching $2.09. 746,599 shares of the company’s stock were exchanged, compared to its average volume of 3,565,887. The company’s 50 day simple moving average is $2.14 and its two-hundred day simple moving average is $1.70. The firm has a market capitalization of $362.84 million, a PE ratio of -1.67 and a beta of 0.46. Outlook Therapeutics has a 12 month low of $0.58 and a 12 month high of $4.26. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.13 and a current ratio of 1.13.
A number of research analysts have recently commented on the stock. LADENBURG THALM/SH SH reaffirmed a “buy” rating and set a $6.00 price objective on shares of Outlook Therapeutics in a research report on Wednesday, February 17th. Zacks Investment Research lowered Outlook Therapeutics from a “buy” rating to a “hold” rating in a research note on Wednesday, February 10th.
About Outlook Therapeutics
Outlook Therapeutics, Inc, a late clinical-stage biopharmaceutical company, focuses on developing and commercializing monoclonal antibodies for various ophthalmic indications. Its lead product candidate is ONS-5010, a proprietary ophthalmic formulation of bevacizumab product candidate that is in Phase-III clinical trial for the treatment of wet age related macular degeneration and other retina diseases.
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