Targacept (TRGT) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS
Targacept (NASDAQ:TRGT) issued its quarterly earnings data on Tuesday. The company reported ($0.38) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.39) by $0.01, Analyst RN reports. During the same quarter in the previous year, the company posted ($0.24) earnings per share. The company’s revenue for the quarter was down 100.0% on a year-over-year basis.
Targacept (NASDAQ:TRGT) opened at 4.67 on Tuesday. Targacept has a 1-year low of $3.85 and a 1-year high of $5.84. The stock’s 50-day moving average is $5.28 and its 200-day moving average is $5.08. The company’s market cap is $157.1 million.
Targacept, Inc is a biopharmaceutical company. The Company is engaged in the design, discovery and development of NNR Therapeutics for the treatment of diseases and disorders of the nervous system.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.