Genelux (NASDAQ:GNLX – Get Free Report) posted its quarterly earnings data on Friday. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.09), Zacks reports.
Genelux Stock Up 1.7 %
Shares of Genelux stock opened at $3.08 on Friday. Genelux has a 12-month low of $1.60 and a 12-month high of $6.50. The business’s 50 day moving average is $4.06 and its 200-day moving average is $3.10. The stock has a market cap of $106.38 million, a P/E ratio of -3.24 and a beta of -1.41.
Analyst Ratings Changes
Separately, HC Wainwright reiterated a “buy” rating and issued a $30.00 price target on shares of Genelux in a research note on Tuesday, March 25th. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $18.25.
About Genelux
Genelux Corporation, a clinical-stage biopharmaceutical company, focuses on developing next-generation oncolytic viral immunotherapies for patients suffering from aggressive and/or difficult-to-treat solid tumor types. Its lead product candidate is Olvi-Vec, a proprietary modified strain of the vaccinia virus for the treatment of ovarian cancer and non-small cell lung cancer.
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