Fate Therapeutics (FATE) Releases Quarterly Earnings, Beats Expectations By $0.07 EPS
Fate Therapeutics (NASDAQ:FATE) issued its quarterly earnings data on Tuesday. The company reported ($0.30) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.37) by $0.07, AmericanBankingNews.com reports.
Fate Therapeutics (NASDAQ:FATE) traded up 0.88% on Tuesday, hitting $6.00. 1,968 shares of the company’s stock traded hands. Fate Therapeutics has a 52 week low of $4.30 and a 52 week high of $13.55. The stock has a 50-day moving average of $6.31 and a 200-day moving average of $7.22. The company’s market cap is $123.1 million.
Fate Therapeutics, Inc, is a clinical-stage biopharmaceutical company engaged in the discovery and development of pharmacologic modulators of adult stem cells to treat orphan diseases, including hematologic malignancies, lysosomal storage disorders and muscular dystrophies.
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