Marinus Pharmaceuticals, Inc. (MRNS) Releases Quarterly Earnings Results, Beats Expectations By $0.06 EPS
Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS) issued its quarterly earnings results on Tuesday. The biopharmaceutical company reported ($0.21) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.27) by $0.06, Bloomberg Earnings reports.
Shares of Marinus Pharmaceuticals (NASDAQ MRNS) traded up 1.64% during midday trading on Wednesday, hitting $1.86. The company had a trading volume of 695,122 shares. Marinus Pharmaceuticals has a 12 month low of $0.82 and a 12 month high of $2.73. The stock’s 50-day moving average price is $1.50 and its 200-day moving average price is $1.40. The company’s market cap is $41.70 million.
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Separately, ValuEngine raised Marinus Pharmaceuticals from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 20th.
About Marinus Pharmaceuticals
Marinus Pharmaceuticals, Inc is a clinical-stage biopharmaceutical company. The Company focuses on developing and commercializing therapeutics to treat epilepsy and neuropsychiatric disorders. Its clinical-stage product candidate, ganaxolone, is a modulator being developed in various dose forms, including intravenous, oral capsule and oral liquid, intended to provide more treatment options to adult and pediatric patient populations in both acute and chronic care settings.
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