Opiant Pharmaceuticals (NASDAQ:OPNT) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

Separately, TheStreet raised shares of Opiant Pharmaceuticals from a “c+” rating to a “b” rating in a research note on Monday, October 16th.

Opiant Pharmaceuticals (NASDAQ:OPNT) traded down $1.18 during trading on Friday, hitting $30.56. 33,583 shares of the stock were exchanged, compared to its average volume of 27,314. The stock has a market capitalization of $64.68, a price-to-earnings ratio of 10.98 and a beta of -2.19. Opiant Pharmaceuticals has a one year low of $5.00 and a one year high of $51.90.

Opiant Pharmaceuticals (NASDAQ:OPNT) last posted its earnings results on Friday, October 13th. The technology company reported ($0.17) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.87) by $0.70. Opiant Pharmaceuticals had a net margin of 35.68% and a return on equity of 278.86%. The company had revenue of $3.77 million during the quarter. equities research analysts forecast that Opiant Pharmaceuticals will post -5.12 EPS for the current year.

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About Opiant Pharmaceuticals

Opiant Pharmaceuticals, Inc, formerly Lightlake Therapeutics, Inc, is a specialty pharmaceutical company. The Company develops pharmacological treatments for substance use, addictive and eating disorders. The Company has developed NARCAN (naloxone hydrochloride) Nasal Spray, a treatment to reverse opioid overdoses, which was conceived, licensed, developed and approved by the United States Food and Drug Administration (FDA).

To view ValuEngine’s full report, visit ValuEngine’s official website.

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