Theriva Biologics (NYSEAMERICAN:TOVX) Releases Earnings Results, Misses Estimates By $0.56 EPS

Theriva Biologics (NYSEAMERICAN:TOVXGet Free Report) announced its quarterly earnings data on Tuesday. The company reported ($6.81) EPS for the quarter, missing the consensus estimate of ($6.25) by ($0.56), Zacks reports.

Theriva Biologics Stock Down 2.1 %

Theriva Biologics stock opened at $1.40 on Thursday. Theriva Biologics has a twelve month low of $1.24 and a twelve month high of $17.11. The firm has a market capitalization of $3.18 million, a price-to-earnings ratio of -0.04 and a beta of 1.34.

Analysts Set New Price Targets

Separately, Maxim Group reduced their price target on shares of Theriva Biologics from $25.00 to $6.00 and set a “buy” rating on the stock in a research report on Wednesday.

Check Out Our Latest Report on TOVX

Theriva Biologics Company Profile

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Theriva Biologics, Inc, a clinical-stage company, develops therapeutics to treat cancer and related diseases in areas of high unmet need in the United States. The company’s lead product candidate is VCN-01, a clinical stage oncolytic human adenovirus that is in a Phase 2 clinical study for the treatment of pancreatic cancer; a Phase 1 clinical study for the treatment of retinalblastoma; a Phase 1 clinical study for the treatment of head and neck squamous cell carcinoma; and a Phase 1 clinical study for the treatment of solid tumors.

Further Reading

Earnings History for Theriva Biologics (NYSEAMERICAN:TOVX)

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