Urogen Pharma (NASDAQ:URGN – Get Free Report) insider Mark Schoenberg sold 5,222 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $27.30, for a total transaction of $142,560.60. Following the completion of the transaction, the insider directly owned 139,763 shares in the company, valued at approximately $3,815,529.90. This represents a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Urogen Pharma Stock Up 5.4%
URGN stock opened at $29.50 on Friday. Urogen Pharma has a 12 month low of $6.92 and a 12 month high of $32.37. The firm has a market cap of $1.44 billion, a P/E ratio of -10.73 and a beta of 1.59. The company’s 50-day moving average price is $25.51 and its two-hundred day moving average price is $22.82.
Urogen Pharma (NASDAQ:URGN – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported ($0.47) EPS for the quarter, beating the consensus estimate of ($0.48) by $0.01. The firm had revenue of $50.96 million during the quarter, compared to the consensus estimate of $44.83 million. Equities analysts predict that Urogen Pharma will post -0.98 EPS for the current year.
Institutional Investors Weigh In On Urogen Pharma
Wall Street Analyst Weigh In
Several brokerages recently issued reports on URGN. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Urogen Pharma in a report on Monday, April 20th. Oppenheimer reaffirmed an “outperform” rating on shares of Urogen Pharma in a report on Tuesday, June 2nd. HC Wainwright reaffirmed a “buy” rating and set a $45.00 price target on shares of Urogen Pharma in a report on Wednesday, June 3rd. LADENBURG THALM/SH SH began coverage on shares of Urogen Pharma in a report on Monday, May 11th. They set a “buy” rating and a $43.00 price target on the stock. Finally, D. Boral Capital reaffirmed a “buy” rating and set a $33.00 price target on shares of Urogen Pharma in a report on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $36.67.
View Our Latest Stock Analysis on Urogen Pharma
About Urogen Pharma
UroGen Pharma is a clinical-stage biopharmaceutical company focused on developing and commercializing novel treatments for uro-oncology and uro-genital diseases. Founded in 2010 and headquartered in Ra’anana, Israel, with offices in New York, UroGen applies its proprietary RTGel® reverse thermal gel delivery platform to create sustained-release formulations designed for in-office use by urologists.
The company’s lead product, Jelmyto® (mitomycin gel), received U.S. Food and Drug Administration approval in 2020 for the treatment of adults with low-grade upper tract urothelial cancer.
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