Aralez Pharmaceuticals’ (ARZ) “Buy” Rating Reiterated at HC Wainwright
Aralez Pharmaceuticals (TSE:ARZ)‘s stock had its “buy” rating restated by investment analysts at HC Wainwright in a research report issued to clients and investors on Monday.
Aralez Pharmaceuticals (ARZ) opened at C$2.23 on Monday. Aralez Pharmaceuticals has a 1-year low of C$1.20 and a 1-year high of C$6.11. The firm has a market capitalization of $112.54 and a PE ratio of -1.33.
Aralez Pharmaceuticals (TSE:ARZ) last posted its earnings results on Thursday, November 9th. The company reported C($0.46) earnings per share for the quarter, beating analysts’ consensus estimates of C($0.50) by C$0.04. Aralez Pharmaceuticals had a negative return on equity of 146.16% and a negative net margin of 100.42%. The company had revenue of C$30.53 million for the quarter, compared to the consensus estimate of C$29.81 million.
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Aralez Pharmaceuticals Inc is a Canada-based specialty pharmaceutical company. The Company focuses on acquiring, developing and commercializing products in cardiovascular, pain and other areas. The Company’s products include Fibricor, Cambia, Fiorinal, Fiorinal C, Soriatane, Bezalip SR, NeoVisc, Uracyst, Durela, Proferrin, Resultz and Collatamp G.
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