IntelGenx Technologies Corp. (NASDAQ:IGXT) Announces Earnings Results, Hits Estimates

IntelGenx Technologies Corp. (NASDAQ:IGXT) posted its quarterly earnings results on Thursday. The company reported ($0.01) EPS for the quarter, meeting the Zacks’ consensus estimate of ($0.01), Morningstar.com reports. The company had revenue of $1.13 million during the quarter, compared to analyst estimates of $1.17 million.

IntelGenx Technologies Corp. (NASDAQ:IGXT) traded down 0.59892% on Friday, reaching $0.80495. The company had a trading volume of 22,415 shares. IntelGenx Technologies Corp. has a 12-month low of $0.55 and a 12-month high of $1.09. The stock’s market capitalization is $52.66 million. The stock’s 50-day moving average price is $0.89 and its 200-day moving average price is $0.79.

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Separately, Zacks Investment Research raised IntelGenx Technologies Corp. from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th.

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