Immunic (NASDAQ:IMUX) Releases Earnings Results

Immunic (NASDAQ:IMUX – Get Free Report) posted its earnings results on Friday. The company reported ($0.99) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.79) by ($0.20), FiscalAI reports.

Immunic Stock Performance

Shares of IMUX stock traded down $0.27 during mid-day trading on Friday, hitting $7.52. The company’s stock had a trading volume of 105,145 shares, compared to its average volume of 297,743. The company’s fifty day simple moving average is $8.80 and its 200-day simple moving average is $11.51. Immunic has a 52 week low of $5.06 and a 52 week high of $17.43. The company has a market cap of $102.57 million, a PE ratio of -1.72 and a beta of 1.48.

Immunic News Summary

These are some of the IMUX news items that stood out recently:

Analyst Ratings Changes

Several research firms have recently issued reports on IMUX. Roth Capital reaffirmed a “buy” rating on shares of Immunic in a research note on Tuesday, September 1st. Ladenburg Thalmann & Co. Inc. raised Immunic to a “strong-buy” rating in a research report on Wednesday, July 29th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Immunic in a report on Wednesday, August 26th. Cantor Fitzgerald began coverage on Immunic in a research report on Friday, October 23rd. They issued an “overweight” rating on the stock. Finally, Zacks Research lowered Immunic from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $35.43.

Get Our Latest Stock Analysis on Immunic

Immunic Company Profile

(Get Free Report)

Immunic, Inc. is a clinical-stage biopharmaceutical company developing oral small-molecule treatments for chronic inflammatory and autoimmune diseases. The company’s research focuses on therapies intended to address conditions with significant unmet medical needs. Its lead drug candidate, vidofludimus calcium, is being developed for multiple sclerosis. Immunic is also advancing other investigational compounds, including IMU-856, which is being studied for its potential to support intestinal barrier function in gastrointestinal diseases.

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Earnings History for Immunic (NASDAQ:IMUX)

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