NextCure (NASDAQ:NXTC) Releases Earnings Results, Misses Estimates By $0.07 EPS

NextCure (NASDAQ:NXTCGet Free Report) released its quarterly earnings data on Thursday. The company reported ($0.41) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.07), Zacks reports.

NextCure Stock Up 5.2 %

NASDAQ:NXTC opened at $0.75 on Friday. The company has a fifty day moving average of $0.78 and a 200-day moving average of $1.12. The firm has a market capitalization of $21.01 million, a P/E ratio of -0.36 and a beta of 0.71. NextCure has a twelve month low of $0.66 and a twelve month high of $2.57.

Analysts Set New Price Targets

Separately, HC Wainwright reiterated a “buy” rating and issued a $3.00 price objective (down previously from $4.00) on shares of NextCure in a research note on Friday.

Read Our Latest Stock Analysis on NXTC

NextCure Company Profile

(Get Free Report)

NextCure, Inc, a clinical-stage biopharmaceutical company, engages in discovering and developing novel immunomedicines to treat cancer and other immune-related diseases by restoring normal immune function. The company is developing NC410, an immunomedicine designed to block immune suppression mediated by LAIR-1; NC762, a monoclonal antibody that binds specifically to B7-H4, a protein expressed on multiple tumor types; and NC525, a monoclonal antibody that binds to LAIR-1 to functionally kill AML blast cells and leukemic stem cells while preserving normal blood cells, including hematopoietic stem cells.

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Earnings History for NextCure (NASDAQ:NXTC)

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