Applied DNA Sciences (APDN) Issues Earnings Results
Applied DNA Sciences (NASDAQ:APDN) posted its earnings results on Thursday. The technology company reported ($0.10) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.10), Bloomberg Earnings reports. Applied DNA Sciences had a negative net margin of 236.90% and a negative return on equity of 124.66%.
Shares of Applied DNA Sciences (NASDAQ APDN) opened at $1.71 on Friday. Applied DNA Sciences has a one year low of $0.90 and a one year high of $3.45. The firm has a market cap of $45.17, a price-to-earnings ratio of -3.49 and a beta of -0.60.
A number of research firms have issued reports on APDN. ValuEngine cut shares of Applied DNA Sciences from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st. Maxim Group set a $5.00 price objective on shares of Applied DNA Sciences and gave the stock a “buy” rating in a research note on Friday, December 8th.
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Applied DNA Sciences, Inc is engaged in creating security solutions addressing the challenges of modern commerce. The Company is also engaged in the large-scale production of specific deoxyribonucleic acid (DNA) sequences using the polymerase chain reaction (PCR). Its principal technology platform includes SigNature DNA, SigNature T DNA, fiberTyping, DNAnet, digitalDNA, SigNify and Beacon.
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