ProMIS Neurosciences (NASDAQ:PMN) Shares Down 5%

ProMIS Neurosciences, Inc. (NASDAQ:PMNGet Free Report)’s share price was down 5% during trading on Friday . The company traded as low as $1.30 and last traded at $1.30. Approximately 16,788 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 70,167 shares. The stock had previously closed at $1.37.

ProMIS Neurosciences Stock Performance

The company has a market capitalization of $24.65 million, a price-to-earnings ratio of -1.76 and a beta of 0.62. The business’s 50 day moving average is $1.58 and its 200 day moving average is $1.79.

ProMIS Neurosciences (NASDAQ:PMNGet Free Report) last issued its earnings results on Thursday, August 8th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.01. Sell-side analysts predict that ProMIS Neurosciences, Inc. will post -0.24 EPS for the current year.

ProMIS Neurosciences Company Profile

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ProMIS Neurosciences, Inc discovers and develops antibody therapies and therapeutic vaccines neurodegenerative diseases and other misfolded protein diseases in Canada. The company's proprietary discovery platform comprises ProMIS and Collective Coordinates algorithms to predict novel targets known as disease specific epitopes on the molecular surface of misfolded proteins.

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