Mymd Pharmaceuticals (NASDAQ:QCLS – Get Free Report) posted its earnings results on Friday. The company reported ($0.19) earnings per share (EPS) for the quarter, Zacks reports.
Mymd Pharmaceuticals Stock Performance
Shares of NASDAQ QCLS traded down $0.80 during mid-day trading on Friday, hitting $4.33. 612,859 shares of the stock traded hands, compared to its average volume of 571,102. Mymd Pharmaceuticals has a 52 week low of $2.50 and a 52 week high of $33.56.
Wall Street Analyst Weigh In
Separately, Weiss Ratings began coverage on Mymd Pharmaceuticals in a research note on Wednesday. They set a “sell (e+)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.
Mymd Pharmaceuticals Company Profile
MyMD Pharmaceuticals, Inc is a clinical-stage biopharmaceutical company focused on developing novel therapies for immune-related and other serious diseases. The company has worked on product candidates designed to address conditions involving inflammation, immune system dysfunction, and age-related disease processes.
The company’s pipeline has included drug development programs in areas such as autoimmune and inflammatory disorders, with an emphasis on advancing compounds through preclinical and clinical evaluation.
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