Hyperion DeFi (NASDAQ:HYPD) Announces Earnings Results

Hyperion DeFi (NASDAQ:HYPD) announced its quarterly earnings data on Thursday. The company reported $0.26 EPS for the quarter, FiscalAI reports. The business had revenue of $0.24 million during the quarter.

Hyperion DeFi Stock Down 8.3%

NASDAQ HYPD traded down $0.30 during midday trading on Friday, hitting $3.32. 341,353 shares of the company traded hands, compared to its average volume of 403,379. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.68 and a quick ratio of 2.68. The company has a market cap of $40.57 million, a PE ratio of -0.28 and a beta of 2.57. The company’s 50-day simple moving average is $3.62 and its 200-day simple moving average is $3.90. Hyperion DeFi has a 52 week low of $1.08 and a 52 week high of $17.18.

Institutional Investors Weigh In On Hyperion DeFi

A number of institutional investors have recently added to or reduced their stakes in HYPD. Renaissance Technologies LLC purchased a new stake in shares of Hyperion DeFi during the fourth quarter valued at about $663,000. Jane Street Group LLC purchased a new position in shares of Hyperion DeFi in the 4th quarter worth approximately $493,000. Focus Partners Advisor Solutions LLC bought a new position in shares of Hyperion DeFi during the 4th quarter worth approximately $221,000. Geode Capital Management LLC bought a new position in shares of Hyperion DeFi during the 4th quarter worth approximately $214,000. Finally, Investment House LLC purchased a new stake in Hyperion DeFi during the fourth quarter valued at approximately $166,000. Institutional investors own 25.84% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Cantor Fitzgerald upgraded shares of Hyperion DeFi to a “strong-buy” rating in a report on Thursday, April 9th. Weiss Ratings restated a “sell (d-)” rating on shares of Hyperion DeFi in a research note on Thursday, January 22nd. Finally, Zacks Research downgraded shares of Hyperion DeFi from a “hold” rating to a “strong sell” rating in a research note on Monday, March 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Hyperion DeFi presently has a consensus rating of “Hold” and an average target price of $5.88.

About Hyperion DeFi

Eyenovia, Inc, an ophthalmic technology company, engages in the development of therapeutics based on its proprietary microdose array print platform technology. The company's product candidates include MicroPine, which is in Phase III clinical development program with indications for pediatric myopia progression (near-sightedness); MicroLine, which is in Phase III clinical development program with indications for the improvement in near vision in people with presbyopia; and Mydcombi, which is in Phase III clinical development program with indications for pharmaceutical mydriasis.