Shares of DiaMedica Therapeutics, Inc. (NASDAQ:DMAC – Get Free Report) have been given a consensus rating of “Moderate Buy” by the six brokerages that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $12.3333.
Several equities research analysts have recently commented on DMAC shares. Wall Street Zen downgraded shares of DiaMedica Therapeutics from a “sell” rating to a “strong sell” rating in a research report on Saturday, May 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of DiaMedica Therapeutics in a research report on Monday, April 20th.
View Our Latest Research Report on DMAC
Institutional Investors Weigh In On DiaMedica Therapeutics
DiaMedica Therapeutics Price Performance
NASDAQ:DMAC opened at $5.91 on Monday. The firm has a 50-day moving average of $6.48 and a 200-day moving average of $7.50. The company has a market cap of $318.43 million, a PE ratio of -8.32 and a beta of 0.99. DiaMedica Therapeutics has a one year low of $3.47 and a one year high of $10.42.
DiaMedica Therapeutics (NASDAQ:DMAC – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.17) by ($0.02). On average, equities research analysts expect that DiaMedica Therapeutics will post -0.86 earnings per share for the current fiscal year.
About DiaMedica Therapeutics
DiaMedica Therapeutics, Inc (NASDAQ: DMAC) is a clinical‐stage biopharmaceutical company focused on developing novel therapies for acute and chronic central nervous system conditions. The company’s lead product candidate, DM199, is a recombinant form of human tissue kallikrein-1 designed to promote neuroprotection and tissue repair through modulation of the kallikrein‐kinin system. DiaMedica’s research and development efforts are centered on translating the regenerative potential of DM199 into effective treatments for disorders with high unmet medical need.
DM199 is being evaluated in acute ischemic stroke, where preclinical studies have demonstrated potential benefits in blood flow restoration, inflammation reduction and neuronal survival.
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