Zosano Pharma Co. (NASDAQ:ZSAN) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.57 and traded as low as $0.51. Zosano Pharma shares last traded at $0.53, with a volume of 665,485 shares changing hands.
The business’s fifty day simple moving average is $0.57 and its two-hundred day simple moving average is $0.67. The company has a market cap of $62.72 million, a PE ratio of -1.83 and a beta of 3.16.
Zosano Pharma (NASDAQ:ZSAN) last released its quarterly earnings data on Wednesday, November 10th. The biotechnology company reported ($0.07) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.01. Zosano Pharma had a negative net margin of 3,367.90% and a negative return on equity of 75.96%. The company had revenue of $0.25 million during the quarter, compared to analysts’ expectations of $0.28 million. As a group, analysts forecast that Zosano Pharma Co. will post -0.28 EPS for the current fiscal year.
Zosano Pharma Company Profile (NASDAQ:ZSAN)
Zosano Pharma Corp. is a clinical stage biopharmaceutical company, which engages in the development of human pharmaceutical products. The firm focuses on providing rapid systemic administration of therapeutics to patients using proprietary intracutaneous microneedle system. It offers Qtrypta, a formulation of zolmitriptan delivered utilizing the intracutaneous microneedle system.
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