Brokerages Expect Biopharmx Corp (BPMX) Will Announce Quarterly Sales of $30,000.00
Wall Street brokerages expect Biopharmx Corp (NYSE:BPMX) to report $30,000.00 in sales for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Biopharmx Corp’s earnings. The lowest sales estimate is $10,000.00 and the highest is $40,000.00. Biopharmx Corp also reported sales of $30,000.00 in the same quarter last year. The business is scheduled to report its next earnings results on Tuesday, June 13th.
According to Zacks, analysts expect that Biopharmx Corp will report full-year sales of $30,000.00 for the current year, with estimates ranging from $30,000.00 to $3 million. For the next year, analysts forecast that the firm will post sales of $6.74 million per share, with estimates ranging from $50,000.00 to $20 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that that provide coverage for Biopharmx Corp.
Separately, Roth Capital set a $3.00 price objective on shares of Biopharmx Corp and gave the stock a “buy” rating in a research report on Thursday, February 9th.
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Shares of Biopharmx Corp (NYSE:BPMX) traded up 8.9111% during trading on Friday, reaching $0.4901. 1,462,431 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $0.63 and its 200-day moving average price is $0.46. Biopharmx Corp has a 52-week low of $0.19 and a 52-week high of $1.22. The stock’s market cap is $33.19 million.
About Biopharmx Corp
BioPharmX Corporation is a specialty pharmaceutical company. The Company is focused on utilizing its drug delivery technologies to develop and commercialize prescription and over-the-counter (OTC) products that address markets in women’s health and dermatology. Its portfolio of product candidates includes two clinical stage product candidates: BPX01, which is a topical antibiotic for the treatment of acne based on a formulation of minocycline, and BPX03, which is a molecular iodine (I2) tablet for the treatment of benign breast pain associated with fibrocystic breast condition (FBC) and cyclic mastalgia.
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