Anebulo Pharmaceuticals (NASDAQ:ANEB) Issues Earnings Results, Beats Estimates By $0.08 EPS

Anebulo Pharmaceuticals (NASDAQ:ANEB) issued its earnings results on Wednesday. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.08, Yahoo Finance reports.

Anebulo Pharmaceuticals Price Performance

ANEB stock opened at $2.05 on Friday. Anebulo Pharmaceuticals has a 1 year low of $1.62 and a 1 year high of $3.61. The company has a market cap of $53.16 million, a P/E ratio of -5.54 and a beta of -1.01. The stock’s fifty day moving average price is $2.05 and its 200-day moving average price is $2.35.

Anebulo Pharmaceuticals Company Profile

Anebulo Pharmaceuticals, Inc, a clinical-stage biotechnology company, engages in developing solutions for people suffering from acute cannabinoid intoxication (ACI) and substance addiction. The company's lead product candidate is ANEB-001, a small molecule cannabinoid receptor antagonist, which is in a Phase II clinical trial to address the unmet medical need for a specific antidote for ACI.