Equities research analysts expect that Bio-Path Holdings Inc (NASDAQ:BPTH) will post earnings of ($0.02) per share for the current quarter, according to Zacks. Zero analysts have issued estimates for Bio-Path Holdings’ earnings. Bio-Path Holdings also posted earnings of ($0.02) per share during the same quarter last year. The firm is scheduled to report its next earnings results on Tuesday, August 8th.

On average, analysts expect that Bio-Path Holdings will report full-year earnings of ($0.09) per share for the current fiscal year. Zacks’ EPS averages are an average based on a survey of sell-side research firms that follow Bio-Path Holdings.

Bio-Path Holdings (NASDAQ:BPTH) last released its quarterly earnings results on Thursday, May 11th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01.

Several research firms recently commented on BPTH. HC Wainwright set a $5.00 price target on shares of Bio-Path Holdings and gave the company a “buy” rating in a report on Thursday, April 6th. Maxim Group set a $2.00 price target on shares of Bio-Path Holdings and gave the company a “buy” rating in a report on Wednesday, April 5th. Finally, Zacks Investment Research upgraded shares of Bio-Path Holdings from a “hold” rating to a “buy” rating and set a $0.75 price target on the stock in a report on Monday, March 20th.

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Bio-Path Holdings (NASDAQ:BPTH) traded down 0.0926% during midday trading on Friday, hitting $0.5395. 324,685 shares of the stock were exchanged. The stock’s market cap is $51.60 million. The firm has a 50 day moving average of $0.70 and a 200-day moving average of $0.97. Bio-Path Holdings has a 12-month low of $0.54 and a 12-month high of $2.83.

Several hedge funds have recently bought and sold shares of BPTH. HighTower Advisors LLC raised its stake in Bio-Path Holdings by 1.0% in the third quarter. HighTower Advisors LLC now owns 1,155,070 shares of the company’s stock worth $1,617,000 after buying an additional 12,000 shares in the last quarter. Geode Capital Management LLC raised its stake in Bio-Path Holdings by 0.8% in the first quarter. Geode Capital Management LLC now owns 688,183 shares of the company’s stock worth $569,000 after buying an additional 5,706 shares in the last quarter. Vanguard Group Inc. raised its stake in Bio-Path Holdings by 0.5% in the first quarter. Vanguard Group Inc. now owns 2,912,516 shares of the company’s stock worth $2,409,000 after buying an additional 15,808 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Bio-Path Holdings by 1.7% in the first quarter. Bank of New York Mellon Corp now owns 311,645 shares of the company’s stock worth $257,000 after buying an additional 5,172 shares in the last quarter. Finally, State Street Corp raised its stake in Bio-Path Holdings by 4.3% in the fourth quarter. State Street Corp now owns 1,084,674 shares of the company’s stock worth $1,463,000 after buying an additional 44,747 shares in the last quarter. Institutional investors own 21.00% of the company’s stock.

About Bio-Path Holdings

Bio-Path Holdings, Inc is a clinical and preclinical stage oncology focused antisense drug development company. The Company utilizes a technology that achieves systemic delivery for target specific protein inhibition for any gene product that is over-expressed in disease. Its drug delivery and antisense technology, DNAbilize, is a platform that uses P-ethoxy, a deoxyribonucleic acid backbone modification.

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