Discovery Laboratories (DSCO) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS
Discovery Laboratories (NASDAQ:DSCO) announced its earnings results on Thursday. The company reported ($0.14) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.13) by $0.01, AmericanBankingNews.com reports.
On a related note, analysts at Roth Capital cut their price target on shares of Discovery Laboratories from $6.00 to $5.50 in a research note on Wednesday, March 19th.
Discovery Laboratories (NASDAQ:DSCO) traded down 1.83% on Thursday, hitting $1.61. The stock had a trading volume of 140,484 shares. Discovery Laboratories has a 1-year low of $1.50 and a 1-year high of $3.05. The stock’s 50-day moving average is $2.05 and its 200-day moving average is $2.24. The company’s market cap is $136.4 million.
Discovery Laboratories, Inc is a biotechnology company focused on creating life-saving products for critical care patients with respiratory disease.
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