VYNE Therapeutics Inc. (NASDAQ:VYNE) Declares Special Dividend of $0.38

VYNE Therapeutics Inc. (NASDAQ:VYNEGet Free Report) declared a special dividend on Friday, July 10th. Shareholders of record on Wednesday, July 22nd will be given a dividend of 0.38 per share on Thursday, July 23rd. The ex-dividend date of this dividend is Wednesday, July 22nd.

VYNE Therapeutics Stock Performance

VYNE stock traded down $0.03 during trading on Friday, hitting $0.64. 16,004,494 shares of the company’s stock traded hands, compared to its average volume of 374,010. VYNE Therapeutics has a 52 week low of $0.28 and a 52 week high of $1.59. The stock has a market capitalization of $21.26 million, a price-to-earnings ratio of -1.68 and a beta of 2.00. The business has a fifty day simple moving average of $0.66 and a 200 day simple moving average of $0.62.

VYNE Therapeutics (NASDAQ:VYNEGet Free Report) last announced its earnings results on Friday, May 15th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.10. The firm had revenue of $0.09 million for the quarter, compared to analysts’ expectations of $0.20 million. VYNE Therapeutics had a negative net margin of 4,726.21% and a negative return on equity of 70.42%. Research analysts forecast that VYNE Therapeutics will post -1.1 earnings per share for the current fiscal year.

About VYNE Therapeutics

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VYNE Therapeutics is a clinical-stage biopharmaceutical company focused on the discovery and development of small-molecule therapies for vascular, inflammatory and fibrotic diseases. The company is advancing a pipeline of selective oral inhibitors that modulate key pathways implicated in chronic tissue damage and immune dysregulation. Headquartered in the San Francisco Bay Area, VYNE Therapeutics seeks to address high-unmet-need conditions by leveraging proprietary chemical and biological insights to create differentiated drug candidates.

The company’s lead program, VTX-002, targets the colony-stimulating factor-1 receptor (CSF-1R) pathway, which plays a central role in macrophage proliferation and activation.

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