Medicus Pharma (NASDAQ:MDCX – Get Free Report) is projected to announce its results before the market opens on Monday, May 11th. Analysts expect the company to announce earnings of ($0.18) per share for the quarter.
Medicus Pharma (NASDAQ:MDCX – Get Free Report) last posted its earnings results on Thursday, March 26th. The company reported ($0.82) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.32) by ($0.50). On average, analysts expect Medicus Pharma to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Medicus Pharma Price Performance
Shares of Medicus Pharma stock traded up $0.00 during trading on Monday, hitting $0.29. 401,029 shares of the company were exchanged, compared to its average volume of 4,601,696. The firm has a market capitalization of $12.04 million, a P/E ratio of -0.10 and a beta of -0.47. Medicus Pharma has a 1-year low of $0.27 and a 1-year high of $8.94. The firm’s fifty day moving average price is $0.59 and its 200 day moving average price is $1.35.
Hedge Funds Weigh In On Medicus Pharma
Analysts Set New Price Targets
Several equities analysts have recently issued reports on MDCX shares. Roth Mkm started coverage on Medicus Pharma in a research report on Tuesday, April 21st. They set a “buy” rating for the company. D. Boral Capital restated a “buy” rating and set a $9.00 target price on shares of Medicus Pharma in a research report on Monday, April 20th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Medicus Pharma in a research report on Friday, April 10th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Medicus Pharma currently has a consensus rating of “Hold” and an average price target of $14.50.
Check Out Our Latest Report on MDCX
Medicus Pharma Company Profile
Medicus Pharma, Inc, traded on the Nasdaq under the ticker MDCX, is a specialty pharmaceutical company focused on the development, acquisition and commercialization of prescription therapies. The company’s core business centers on oncology supportive care and critical care products, with its lead offering being Levoleucovorin injection, an FDA-approved agent designed to reduce toxicity and enhance efficacy of certain chemotherapeutic regimens in colorectal cancer.
Headquartered in the United States, Medicus Pharma has built its portfolio through strategic licensing and acquisition of sterile injectable and oral therapies.
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