CytRx (CYTR) Announces Quarterly Earnings Results, Misses Estimates By $0.08 EPS
CytRx (NASDAQ:CYTR) posted its quarterly earnings results on Wednesday. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by $0.08, American Banking & Market News reports.
Shares of CytRx (NASDAQ:CYTR) opened at 3.32 on Wednesday. CytRx has a one year low of $2.00 and a one year high of $8.35. The stock has a 50-day moving average of $3.85 and a 200-day moving average of $4.41. The company’s market cap is $185.2 million.
On a related note, analysts at Aegis reiterated a “buy” rating on shares of CytRx in a research note on Monday, June 2nd.
CytRx Corporation as (NASDAQ:CYTR) is a biopharmaceutical research and development company engaged in the development of high-value human therapeutics, specializing in oncology.
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