Aligos Therapeutics, Inc. (NASDAQ:ALGS – Get Free Report) has been given an average rating of “Moderate Buy” by the seven analysts that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $38.50.
A number of equities analysts recently issued reports on the stock. HC Wainwright reiterated a “buy” rating on shares of Aligos Therapeutics in a research report on Monday, August 10th. Cantor Fitzgerald restated an “overweight” rating on shares of Aligos Therapeutics in a research report on Friday, May 29th. Weiss Ratings raised shares of Aligos Therapeutics from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, August 11th. Lake Street Capital assumed coverage on shares of Aligos Therapeutics in a report on Thursday, May 28th. They set a “buy” rating and a $45.00 price target for the company. Finally, Wall Street Zen upgraded Aligos Therapeutics from a “strong sell” rating to a “hold” rating in a research note on Sunday, May 17th.
View Our Latest Research Report on Aligos Therapeutics
Hedge Funds Weigh In On Aligos Therapeutics
Aligos Therapeutics Trading Up 3.6%
Shares of NASDAQ ALGS opened at $6.67 on Friday. The company has a market cap of $41.62 million, a price-to-earnings ratio of -0.91 and a beta of 2.31. Aligos Therapeutics has a 12 month low of $3.98 and a 12 month high of $13.69. The stock has a 50-day moving average price of $5.67 and a two-hundred day moving average price of $6.33.
Aligos Therapeutics (NASDAQ:ALGS – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported ($0.14) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.09) by $0.95. The company had revenue of $27.78 million for the quarter, compared to the consensus estimate of $24.68 million. Aligos Therapeutics had a negative net margin of 241.01% and a negative return on equity of 160.72%. On average, sell-side analysts predict that Aligos Therapeutics will post -6.81 earnings per share for the current year.
Aligos Therapeutics Company Profile
Aligos Therapeutics, Inc is a clinical‐stage biopharmaceutical company dedicated to the discovery and development of novel therapeutics for chronic viral infections. The company leverages proprietary nucleic acid chemistry and small‐molecule discovery platforms to create therapies aimed at reducing viral replication, lowering antigen levels and restoring host immune function. Its pipeline includes both oligonucleotide conjugates and orally administered small molecules designed to address the root causes of persistent infections.
Founded in 2014 and headquartered in South San Francisco, California, Aligos advances its programs through strategic collaborations with academic institutions, research hospitals and industry partners.
Recommended Stories
- Five stocks we like better than Aligos Therapeutics
- 2 Biotech Stocks Shaping Up for Major Breakouts
- 3 Stocks Came Roaring Back—Now They’re Flashing Warning Signs
- 3 Beaten-Down Stocks That Haven’t Gotten the Message About the S&P 500’s Record Run
- Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit?
Receive News & Ratings for Aligos Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aligos Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.
