Addex Therapeutics (ADXN) Set to Announce Earnings on Monday

Addex Therapeutics (NASDAQ:ADXNGet Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Monday, August 12th. Analysts expect Addex Therapeutics to post earnings of ($0.07) per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Addex Therapeutics (NASDAQ:ADXNGet Free Report) last released its quarterly earnings data on Thursday, June 6th. The company reported ($1.37) EPS for the quarter. The firm had revenue of $0.27 million during the quarter. Addex Therapeutics had a negative net margin of 818.50% and a negative return on equity of 364.24%. On average, analysts expect Addex Therapeutics to post $-12 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Addex Therapeutics Trading Up 2.6 %

ADXN stock opened at $7.90 on Friday. Addex Therapeutics has a 1-year low of $5.00 and a 1-year high of $27.90. The firm has a market cap of $8.37 million, a PE ratio of -0.46 and a beta of 1.77. The business’s 50-day moving average price is $8.22 and its two-hundred day moving average price is $10.84.

Wall Street Analyst Weigh In

Separately, HC Wainwright upgraded Addex Therapeutics from a “neutral” rating to a “buy” rating and set a $30.00 price objective on the stock in a report on Wednesday, July 31st.

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About Addex Therapeutics

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Addex Therapeutics Ltd discovers, develops, and commercializes small-molecule pharmaceutical products for central nervous system (CNS) disorders in Switzerland. The company focuses on the discovery of G-protein coupled receptors and enzymes. Its lead programs include Dipraglurant for the treatment of Parkinson's disease levodopa-induced dyskinesia and dystonia, and post-stroke/TBI recovery; ADX71149, a novel orally active metabotropic glutamate receptor subtype 2 positive allosteric modulator (mGlu2 PAM) for the treatment of epilepsy; and GABAB PAM for the treatment of pain, anxiety, overactive bladder, and addiction, as well as substance use disorder.

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Earnings History for Addex Therapeutics (NASDAQ:ADXN)

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