Egalet Corp (EGLT) Posts Quarterly Earnings Results, Misses Estimates By $0.31 EPS
Egalet Corp (NASDAQ:EGLT) posted its quarterly earnings results on Tuesday. The company reported ($0.73) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.42) by $0.31, Stock Ratings Network.com reports.
Egalet Corp (NASDAQ:EGLT) opened at 10.16 on Tuesday. Egalet Corp has a one year low of $9.54 and a one year high of $19.85. The stock’s 50-day moving average is $12.42 and its 200-day moving average is $13.01. The company’s market cap is $161.4 million.
In other Egalet Corp news, Insider Mark Strobeck sold 3,085 shares of Egalet Corp stock on the open market in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $11.50, for a total transaction of $35,477.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Egalet Corporation is a specialty pharmaceutical company developing and focuses on commercializing, abuse-deterrent oral products for the treatment of pain and in other indications.
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