Biopharmx Corp (BPMX) Shares Gap Down to $0.19
Biopharmx Corp (NYSEAMERICAN:BPMX) gapped down before the market opened on Wednesday . The stock had previously closed at $0.25, but opened at $0.19. Biopharmx Corp shares last traded at $0.13, with a volume of 17291400 shares.
A number of research firms have issued reports on BPMX. Maxim Group reiterated a “buy” rating and set a $1.50 target price (down from $3.00) on shares of Biopharmx Corp in a report on Wednesday, September 13th. HC Wainwright restated a “buy” rating and issued a $3.00 price objective on shares of Biopharmx Corp in a report on Tuesday, September 19th.
Biopharmx Corp (NYSEAMERICAN:BPMX) last posted its earnings results on Wednesday, September 13th. The biotechnology company reported ($0.06) EPS for the quarter, meeting the Zacks’ consensus estimate of ($0.06). The firm had revenue of $0.02 million for the quarter, compared to the consensus estimate of $0.02 million. Biopharmx Corp had a negative net margin of 22,005.88% and a negative return on equity of 5,749.08%.
In other Biopharmx Corp news, major shareholder Vivo Capital Viii, Llc sold 296,394 shares of the firm’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $0.20, for a total transaction of $59,278.80. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.
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About Biopharmx Corp
BioPharmX Corporation is a specialty pharmaceutical company. The Company is focused on utilizing its drug delivery technologies to develop and commercialize prescription and over-the-counter (OTC) products that address markets in women’s health and dermatology. Its portfolio of product candidates includes two clinical stage product candidates: BPX01, which is a topical antibiotic for the treatment of acne based on a formulation of minocycline, and BPX03, which is a molecular iodine (I2) tablet for the treatment of benign breast pain associated with fibrocystic breast condition (FBC) and cyclic mastalgia.
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