Retrophin (RTRX) Posts Quarterly Results
Retrophin (NASDAQ:RTRX) posted its quarterly earnings results on Wednesday. The company reported ($3.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.44) by $2.59, American Banking & Market News reports.
Retrophin (NASDAQ:RTRX) opened at 12.20 on Wednesday. Retrophin has a one year low of $4.50 and a one year high of $24.25. The stock has a 50-day moving average of $15.77 and a 200-day moving average of $12.17. The company’s market cap is $224.7 million. Retrophin also was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totalling 1,461,274 shares, an increase of 42.9% from the April 15th total of 1,022,578 shares. Approximately 7.8% of the company’s shares are sold short. Based on an average daily volume of 421,043 shares, the short-interest ratio is presently 3.5 days.
Retrophin Inc (NASDAQ:RTRX), formerly Desert Gateway, Inc, is a biotechnology company.
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