ESSA Pharma Inc. (EPIX) Given Average Rating of “Buy” by Analysts

Shares of ESSA Pharma Inc. (NASDAQ:EPIX) (TSE:EPI) have earned a consensus broker rating score of 1.67 (Buy) from the three brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating and two have assigned a strong buy rating to the company.

Brokers have set a one year consensus price objective of $5.10 for the company, according to Zacks. Zacks has also assigned ESSA Pharma an industry rank of 175 out of 265 based on the ratings given to its competitors.

A number of brokerages recently commented on EPIX. Zacks Investment Research upgraded ESSA Pharma from a “hold” rating to a “buy” rating and set a $0.25 price target on the stock in a research report on Tuesday, January 16th. Bloom Burton upgraded ESSA Pharma from a “hold” rating to a “buy” rating in a research report on Thursday.

Shares of ESSA Pharma (EPIX) opened at $0.23 on Friday. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of -1.32. ESSA Pharma has a twelve month low of $0.15 and a twelve month high of $3.59.

ESSA Pharma (NASDAQ:EPIX) (TSE:EPI) last posted its quarterly earnings data on Monday, December 11th. The company reported ($0.09) earnings per share for the quarter. equities research analysts predict that ESSA Pharma will post -0.49 EPS for the current fiscal year.

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ESSA Pharma Company Profile

ESSA Pharma Inc, a clinical stage pharmaceutical company, focuses on the development of novel and proprietary therapies for the treatment of prostate cancer. Its product candidate is EPI-506, an oral small molecule pro-drug that is in Phase 1/2 clinical trial, which blocks the N-terminal domain of the androgen receptor.

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