Century Therapeutics (NASDAQ:IPSC – Get Rating) released its earnings results on Monday. The company reported ($0.66) EPS for the quarter, missing analysts’ consensus estimates of ($0.44) by ($0.22), MarketWatch Earnings reports.
Shares of IPSC traded up $0.79 during midday trading on Tuesday, hitting $8.86. 78,035 shares of the company traded hands, compared to its average volume of 101,426. Century Therapeutics has a 52 week low of $7.32 and a 52 week high of $32.90. The company has a quick ratio of 14.57, a current ratio of 14.57 and a debt-to-equity ratio of 0.03. The firm has a 50 day moving average of $11.78 and a 200-day moving average of $14.27.
Several institutional investors have recently added to or reduced their stakes in IPSC. Royal Bank of Canada purchased a new stake in Century Therapeutics in the 3rd quarter worth about $35,000. Citigroup Inc. increased its stake in shares of Century Therapeutics by 254.6% during the fourth quarter. Citigroup Inc. now owns 4,734 shares of the company’s stock valued at $75,000 after buying an additional 3,399 shares during the period. American International Group Inc. raised its holdings in shares of Century Therapeutics by 37.1% in the first quarter. American International Group Inc. now owns 8,604 shares of the company’s stock valued at $108,000 after acquiring an additional 2,328 shares in the last quarter. MetLife Investment Management LLC purchased a new stake in shares of Century Therapeutics in the 1st quarter worth approximately $153,000. Finally, California State Teachers Retirement System purchased a new stake in shares of Century Therapeutics during the 3rd quarter worth $161,000. Hedge funds and other institutional investors own 57.50% of the company’s stock.
Century Therapeutics Company Profile (Get Rating)
Century Therapeutics, Inc, a biotechnology company, develops transformative allogeneic cell therapies for the treatment of solid tumor and hematological malignancies. The company's lead product candidate is CNTY-101, an allogeneic, induced pluripotent stem cells (iPSCs)-derived chimeric antigen receptors (CAR)-iNK cell therapy targeting CD19 for relapsed, refractory B-cell lymphoma.
- Get a free copy of the StockNews.com research report on Century Therapeutics (IPSC)
- VMWare Inc: Strong Revenues and Excellent Potential
- Beware The Rebound In Home Depot
- Time to Ride These 3 Mid Cap Momentum Plays
- Etsy Buy!: Why Etsy Stock is Making a Crafty Comeback
- FIGS, Inc Moves Lower On Analysts’ Downgrades
Receive News & Ratings for Century Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.