Dova Pharmacuet (DOVA) Releases Quarterly Earnings Results, Misses Estimates By $0.08 EPS
Dova Pharmacuet (NASDAQ:DOVA) announced its quarterly earnings data on Thursday. The company reported ($0.32) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.24) by $0.08, Bloomberg Earnings reports.
Dova Pharmacuet (DOVA) traded down 2.15% on Thursday, reaching $18.20. 96,154 shares of the company traded hands. The stock’s market capitalization is $454.82 million. Dova Pharmacuet has a 52-week low of $12.03 and a 52-week high of $28.59. The firm has a 50 day moving average price of $21.16 and a 200 day moving average price of $21.16.
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In other news, CEO Alex Sapir purchased 20,100 shares of the stock in a transaction that occurred on Wednesday, July 5th. The stock was acquired at an average price of $17.00 per share, with a total value of $341,700.00. Following the purchase, the chief executive officer now owns 20,100 shares in the company, valued at approximately $341,700. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven M. Goldman purchased 72,000 shares of the stock in a transaction that occurred on Wednesday, July 5th. The stock was purchased at an average cost of $17.94 per share, with a total value of $1,291,680.00. Following the purchase, the director now owns 42,000 shares in the company, valued at approximately $753,480. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 101,800 shares of company stock worth $1,798,280.
DOVA has been the topic of several recent analyst reports. Jefferies Group LLC initiated coverage on shares of Dova Pharmacuet in a report on Monday, July 24th. They set a “buy” rating and a $30.00 price objective on the stock. Leerink Swann initiated coverage on shares of Dova Pharmacuet in a report on Monday, July 24th. They set a “market perform” rating and a $24.00 price objective on the stock. Finally, J P Morgan Chase & Co initiated coverage on shares of Dova Pharmacuet in a report on Monday, July 24th. They set an “overweight” rating and a $35.00 price objective on the stock.
Dova Pharmacuet Company Profile
Dova Pharmaceuticals, Inc is a clinical-stage pharmaceutical company. The Company is focused on acquiring, developing and commercializing drug candidates. The Company’s initial focus is on thrombocytopenia, a disorder characterized by a low blood platelet count. The Company is developing avatrombopag for treatment of thrombocytopenia in patients with chronic liver disease (CLD).
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