Research analysts at StockNews.com initiated coverage on shares of NanoViricides (NYSE:NNVC – Get Free Report) in a report issued on Tuesday. The firm set a “sell” rating on the stock.
NanoViricides Stock Up 1.8 %
NYSE NNVC opened at $1.12 on Tuesday. The stock’s 50-day simple moving average is $1.22 and its two-hundred day simple moving average is $1.16. NanoViricides has a twelve month low of $1.00 and a twelve month high of $2.00. The company has a market capitalization of $13.19 million, a price-to-earnings ratio of -1.38 and a beta of 0.68.
NanoViricides (NYSE:NNVC – Get Free Report) last released its quarterly earnings results on Wednesday, February 14th. The company reported ($0.18) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.01.
NanoViricides Company Profile
NanoViricides, Inc, a clinical stage nano-biopharmaceutical company, discovers, develops, and commercializes drugs for the treatment of viral infections. The company's product portfolio includes NV-CoV-2, nanoviricide drug which is in phase 1a/1b clinical trails for the treatment of Covid; and NV-CoV-2 Oral Syrup, and NV-CoV-2 Oral Gummies, a semi-solid fixed-dose form which are in phase 1a/1b human clinical trials for enabling body-weight-based dose titration as is required for pediatric cases.
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