Aquinox Pharmaceuticals, Inc. (NASDAQ:AQXP) to Release Earnings on Wednesday
Aquinox Pharmaceuticals, Inc. (NASDAQ:AQXP) is scheduled to be releasing its earnings data after the market closes on Wednesday, August 2nd. Analysts expect Aquinox Pharmaceuticals to post earnings of ($0.51) per share for the quarter.
Aquinox Pharmaceuticals (NASDAQ:AQXP) last announced its quarterly earnings data on Tuesday, May 9th. The company reported ($0.36) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.51) by $0.15. During the same period last year, the business earned ($0.39) EPS. On average, analysts expect Aquinox Pharmaceuticals to post $-2.05 EPS for the current fiscal year and $-2.14 EPS for the next fiscal year.
Shares of Aquinox Pharmaceuticals, Inc. (AQXP) opened at 14.58 on Wednesday. The firm’s market capitalization is $341.51 million. Aquinox Pharmaceuticals, Inc. has a 12 month low of $7.44 and a 12 month high of $19.97. The firm’s 50-day moving average price is $14.25 and its 200-day moving average price is $15.77.
AQXP has been the subject of a number of recent analyst reports. ValuEngine upgraded Aquinox Pharmaceuticals from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Cantor Fitzgerald set a $28.00 price objective on Aquinox Pharmaceuticals and gave the company a “buy” rating in a report on Tuesday, May 9th. Finally, Zacks Investment Research downgraded Aquinox Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $19.80.
In other Aquinox Pharmaceuticals news, insider David Main sold 15,625 shares of the business’s stock in a transaction dated Monday, June 5th. The stock was sold at an average price of $13.26, for a total value of $207,187.50. Following the completion of the transaction, the insider now directly owns 77,530 shares of the company’s stock, valued at $1,028,047.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.70% of the stock is currently owned by insiders.
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About Aquinox Pharmaceuticals
Aquinox Pharmaceuticals, Inc is a clinical-stage pharmaceutical company discovering and developing targeted therapeutics in disease areas of inflammation and immuno-oncology. The Company’s primary focus is anti-inflammatory product candidates targeting the Src Homology 2 (SH2)-containing inositol-5-phosphatase 1 (SHIP1) enzyme, which is a regulator of a cellular signaling pathway in immune cells, known as the phosphatidylinositol-4,5-bisphosphate 3-kinase (PI3K) pathway.
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