Bavarian Nordic A/S (OTCMKTS:BVNRY) Cut to Sell at Zacks Investment Research

Zacks Investment Research cut shares of Bavarian Nordic A/S (OTCMKTS:BVNRYGet Rating) from a hold rating to a sell rating in a research report report published on Monday morning, Zacks.com reports.

According to Zacks, “Bavarian Nordic A/S is a biotechnology company. It focused on the development, manufacturing and commercialization of cancer immunotherapies and vaccines for infectious diseases. The company’s product pipeline consists of IMVAMUNE(R), PROSTVAC (R), MVA-BN Brachyury, CV-301, MVA-BN Filo which are in clinical trial stage. Bavarian Nordic A/S is headquartered in Kvistgaard, Denmark. “

Separately, Cowen downgraded shares of Bavarian Nordic A/S from an outperform rating to a market perform rating in a report on Friday, February 4th.

Bavarian Nordic A/S stock opened at $6.25 on Monday. The company’s 50-day moving average price is $7.80 and its 200-day moving average price is $11.08. Bavarian Nordic A/S has a twelve month low of $5.85 and a twelve month high of $19.25.

Bavarian Nordic A/S (OTCMKTS:BVNRYGet Rating) last posted its earnings results on Friday, March 4th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.03). The firm had revenue of $83.65 million for the quarter, compared to analysts’ expectations of $93.33 million. On average, equities analysts forecast that Bavarian Nordic A/S will post -1.07 earnings per share for the current fiscal year.

About Bavarian Nordic A/S (Get Rating)

Bavarian Nordic A/S develops, manufactures, and commercializes life-saving vaccines. The company offers non-replicating smallpox and monkeypox vaccines under the IMVAMUNE, IMVANEX, and JYNNEOS names; rabies vaccine for human use under the Rabipur/RabAvert name; tick-borne encephalitis vaccine under the Encepur name; and Ebola vaccine under the MVABEA name.

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