Cocrystal Pharma (NASDAQ:COCP) PT Raised to $42.00 at HC Wainwright

Cocrystal Pharma (NASDAQ:COCPGet Rating) had its price objective boosted by stock analysts at HC Wainwright to $42.00 in a report issued on Monday, MarketBeat Ratings reports. The brokerage currently has a “buy” rating on the stock.

Cocrystal Pharma Price Performance

COCP stock opened at $2.99 on Monday. The company has a market cap of $24.28 million, a P/E ratio of -0.69 and a beta of 0.93. Cocrystal Pharma has a 1 year low of $2.05 and a 1 year high of $11.88. The stock’s fifty day moving average price is $3.29 and its 200-day moving average price is $4.42.

Cocrystal Pharma (NASDAQ:COCPGet Rating) last released its quarterly earnings results on Monday, August 15th. The company reported ($0.48) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.48). As a group, analysts expect that Cocrystal Pharma will post -1.86 earnings per share for the current year.

About Cocrystal Pharma

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Cocrystal Pharma, Inc, a biotechnology company, focuses on the discovery and development of antiviral therapeutic treatments for serious and/or chronic viral diseases. It employs structure-based technologies to create antiviral drugs primarily to treat hepatitis C virus (HCV), influenza virus, coronavirus, and norovirus infections.

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