Idorsia (OTCMKTS:IDRSF – Get Free Report) is expected to release its resultson Thursday, July 30th. Analysts expect Idorsia to post earnings of ($0.2412) per share and revenue of $61.2360 million for the quarter.
Idorsia Price Performance
Idorsia stock opened at $7.60 on Thursday. The company’s 50 day simple moving average is $6.67 and its 200-day simple moving average is $5.29. Idorsia has a 1 year low of $3.30 and a 1 year high of $8.00.
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Idorsia in a research report on Monday, June 22nd. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.
About Idorsia
Idorsia Ltd is a Swiss biopharmaceutical company founded in 2017 as a spin-off from Actelion following its acquisition by Johnson & Johnson. Headquartered in Allschwil, Switzerland, Idorsia focuses on the discovery, development and commercialization of innovative small-molecule therapeutics. The company’s R&D efforts span multiple therapeutic areas, including neuroscience, cardiovascular and immunology, with the goal of addressing unmet medical needs through novel mechanisms of action.
Among Idorsia’s lead products is daridorexant, a dual orexin receptor antagonist developed for the treatment of insomnia.
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