StockNews.com began coverage on shares of NanoViricides (NYSE:NNVC – Free Report) in a research report sent to investors on Wednesday. The brokerage issued a sell rating on the stock.
NanoViricides Stock Down 5.8 %
Shares of NNVC opened at $1.13 on Wednesday. NanoViricides has a twelve month low of $1.00 and a twelve month high of $2.00. The company has a 50 day moving average of $1.20 and a 200-day moving average of $1.16. The stock has a market capitalization of $13.31 million, a P/E ratio of -1.40 and a beta of 0.70.
NanoViricides (NYSE:NNVC – Get Free Report) last released its quarterly earnings data on Wednesday, February 14th. The company reported ($0.18) EPS for the quarter, beating the consensus estimate of ($0.19) by $0.01.
About NanoViricides
NanoViricides, Inc, a clinical stage nano-biopharmaceutical company, discovers, develops, and commercializes drugs for the treatment of viral infections. The company's product portfolio includes NV-CoV-2, nanoviricide drug which is in phase 1a/1b clinical trails for the treatment of Covid; and NV-CoV-2 Oral Syrup, and NV-CoV-2 Oral Gummies, a semi-solid fixed-dose form which are in phase 1a/1b human clinical trials for enabling body-weight-based dose titration as is required for pediatric cases.
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