GTx (GTXI) Announces Quarterly Earnings, Misses Expectations By $0.02 EPS
GTx (NASDAQ:GTXI) issued its quarterly earnings data on Thursday. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by $0.02, Analyst Ratings News reports. During the same quarter in the previous year, the company posted ($0.20) earnings per share.
GTx (NASDAQ:GTXI) traded down 0.14% during mid-day trading on Thursday, hitting $1.478. 124,770 shares of the company’s stock traded hands. GTx has a one year low of $1.26 and a one year high of $7.24. The stock’s 50-day moving average is $1.50 and its 200-day moving average is $1.6. The company’s market cap is $111.1 million.
GTx, Inc is a biopharmaceutical company. The Company is developing selective androgen receptor modulators (NASDAQ:GTXI) , a drugs with the potential to prevents and treat muscle wasting in patients with cancer and other musculoskeletal wasting or muscle loss conditions, including chronic sarcopenia (age related muscle loss).
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