ProMIS Neurosciences (NASDAQ:PMN) Announces Earnings Results, Beats Expectations By $0.12 EPS

ProMIS Neurosciences (NASDAQ:PMNGet Free Report) posted its quarterly earnings data on Monday. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.12, Zacks reports.

ProMIS Neurosciences Trading Up 5.2 %

Shares of NASDAQ PMN traded up $0.04 during trading hours on Tuesday, reaching $0.73. The stock had a trading volume of 73,038 shares, compared to its average volume of 42,402. The business’s fifty day moving average price is $0.82 and its two-hundred day moving average price is $0.96. The firm has a market cap of $23.93 million, a price-to-earnings ratio of -7.32 and a beta of 0.58. ProMIS Neurosciences has a 52-week low of $0.62 and a 52-week high of $2.61.

Analyst Ratings Changes

Separately, Guggenheim reiterated a “buy” rating and issued a $6.00 target price on shares of ProMIS Neurosciences in a research note on Tuesday.

Check Out Our Latest Stock Analysis on ProMIS Neurosciences

ProMIS Neurosciences Company Profile

(Get Free Report)

ProMIS Neurosciences, Inc discovers and develops antibody therapies and therapeutic vaccines neurodegenerative diseases and other misfolded protein diseases in Canada. The company’s proprietary discovery platform comprises ProMIS and Collective Coordinates algorithms to predict novel targets known as disease specific epitopes on the molecular surface of misfolded proteins.

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Earnings History for ProMIS Neurosciences (NASDAQ:PMN)

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