Cocrystal Pharma (NASDAQ:COCP) Shares Down 2.5% – Here’s Why

Cocrystal Pharma, Inc. (NASDAQ:COCPGet Free Report) dropped 2.5% during trading on Thursday . The company traded as low as $1.50 and last traded at $1.55. Approximately 13,161 shares changed hands during mid-day trading, a decline of 51% from the average daily volume of 26,677 shares. The stock had previously closed at $1.59.

Cocrystal Pharma Price Performance

The company’s fifty day moving average is $1.51 and its two-hundred day moving average is $1.76.

Cocrystal Pharma (NASDAQ:COCPGet Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported ($0.23) EPS for the quarter, beating the consensus estimate of ($0.52) by $0.29. Analysts expect that Cocrystal Pharma, Inc. will post -1.85 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, norovirus, and respiratory virus infections.

Further Reading

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