Arca Biopharma (ABIO) Announces Quarterly Earnings Results, Misses Expectations By $0.01 EPS
Arca Biopharma (NASDAQ:ABIO) announced its earnings results on Thursday. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by $0.01, AnalystRatings.Net reports.
On a related note, analysts at Zacks reiterated an “outperform” rating on shares of Arca Biopharma in a research note on Friday, March 21st. They now have a $3.00 price target on the stock.
Arca Biopharma (NASDAQ:ABIO) opened at 1.43 on Thursday. Arca Biopharma has a one year low of $1.13 and a one year high of $2.54. The stock’s 50-day moving average is $1.53 and its 200-day moving average is $1.72. The company’s market cap is $30.0 million.
ARCA biopharma, Inc (NASDAQ:ABIO) is a biopharmaceutical company.
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