Cumberland Pharmaceuticals (NASDAQ:CPIX) Issues Quarterly Earnings Results

Cumberland Pharmaceuticals (NASDAQ:CPIXGet Free Report) released its earnings results on Tuesday. The specialty pharmaceutical company reported ($0.03) earnings per share for the quarter, Zacks reports. Cumberland Pharmaceuticals had a negative return on equity of 9.50% and a negative net margin of 29.54%.

Cumberland Pharmaceuticals Stock Performance

CPIX traded up $0.91 during trading on Tuesday, reaching $6.05. 400,017 shares of the company were exchanged, compared to its average volume of 849,868. Cumberland Pharmaceuticals has a 52 week low of $1.04 and a 52 week high of $7.19. The company has a current ratio of 1.13, a quick ratio of 0.99 and a debt-to-equity ratio of 0.41. The firm has a 50 day moving average of $3.45 and a 200 day moving average of $2.10. The stock has a market cap of $84.95 million, a P/E ratio of -7.86 and a beta of 0.12.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Cumberland Pharmaceuticals in a report on Friday, February 14th. They issued a “hold” rating for the company.

Read Our Latest Report on CPIX

About Cumberland Pharmaceuticals

(Get Free Report)

Cumberland Pharmaceuticals Inc, a specialty pharmaceutical company, focuses on the acquisition, development, and commercialization of prescription products for hospital acute care, gastroenterology, and oncology in the United States and internationally. The company offers Acetadote, an injection for the treatment of acetaminophen poisoning; Caldolor, an injection for the treatment of pain and fever; Kristalose, a prescription laxative oral solution for the treatment of constipation; Omeclamox-Pak for the treatment of Helicobacter pylori infection and duodenal ulcer disease; Vaprisol, an injection for treating euvolemic and hypervolemic hyponatremia; Sancuso, an injection for the treatment of chemotherapy treatment; and Vibativ, an injection for the treatment of certain serious bacterial infections, including hospital-acquired and ventilator-associated bacterial pneumonia, as well as complicated skin and skin structure infections.

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Earnings History for Cumberland Pharmaceuticals (NASDAQ:CPIX)

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