Apricus Biosciences, Inc (APRI) Posts Earnings Results
Apricus Biosciences, Inc (NASDAQ:APRI) announced its earnings results on Thursday. The company reported ($0.30) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.15), Bloomberg Earnings reports. During the same quarter last year, the business earned ($0.19) earnings per share.
Apricus Biosciences (NASDAQ:APRI) traded down $0.13 during trading hours on Friday, hitting $1.57. The company had a trading volume of 376,912 shares, compared to its average volume of 207,321.
A number of equities analysts have commented on the company. HC Wainwright reaffirmed a “buy” rating and issued a $4.50 price target on shares of Apricus Biosciences in a report on Friday. Zacks Investment Research raised Apricus Biosciences from a “hold” rating to a “buy” rating and set a $1.75 price target for the company in a report on Tuesday.
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Apricus Biosciences Company Profile
Apricus Biosciences, Inc is a pharmaceutical company, which develops pharmaceutical products. The Company primarily focuses on the development and commercialization of products and product candidates in the areas of urology and rheumatology. The Company’s drug delivery technology is a permeation enhancer called NexACT.
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