Chiasma, Inc. (NASDAQ:CHMA) Set to Announce Quarterly Earnings on Tuesday
Chiasma, Inc. (NASDAQ:CHMA) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, August 8th. Analysts expect the company to announce earnings of ($0.23) per share for the quarter.
Chiasma (NASDAQ:CHMA) last posted its quarterly earnings results on Friday, May 5th. The biotechnology company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.23) by $0.06. On average, analysts expect Chiasma to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Chiasma, Inc. (NASDAQ:CHMA) opened at 1.35 on Tuesday. Chiasma, Inc. has a 52-week low of $1.25 and a 52-week high of $3.71. The company’s market cap is $32.88 million. The stock has a 50 day moving average of $1.43 and a 200 day moving average of $1.60.
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Chiasma, Inc is a biopharmaceutical company. The Company is engaged in developing and commercializing oral forms of therapies that are available only by injection. Using its Transient Permeability Enhancer (TPE) technology platform, the Company is developing oral therapies. The Company has completed a Phase III clinical trial of its TPE platform-based product candidate, oral octreotide capsules (trade named as MYCAPSSA) for the treatment of acromegaly, a condition that results in the body’s production of excess growth hormone.
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