KalVista Pharmaceuticals (NASDAQ:KALV) posted its earnings results on Thursday. The specialty pharmaceutical company reported ($0.50) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.45) by ($0.05), Bloomberg Earnings reports. The company had revenue of $1.13 million for the quarter. KalVista Pharmaceuticals had a negative return on equity of 60.42% and a negative net margin of 4,191.47%.

Shares of KalVista Pharmaceuticals (KALV) traded down $0.78 during mid-day trading on Friday, hitting $9.21. The company had a trading volume of 190,400 shares, compared to its average volume of 79,790. The company has a current ratio of 7.88, a quick ratio of 7.88 and a debt-to-equity ratio of 0.01. KalVista Pharmaceuticals has a one year low of $5.48 and a one year high of $15.80.

Separately, BTIG Research assumed coverage on KalVista Pharmaceuticals in a research report on Thursday, August 31st. They issued a “buy” rating and a $18.00 price objective on the stock.

In other news, major shareholder Holdings A/S Novo sold 2,725,283 shares of the firm’s stock in a transaction dated Thursday, October 12th. The stock was sold at an average price of $9.64, for a total transaction of $26,271,728.12. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Rajeev M. Shah acquired 850,000 shares of KalVista Pharmaceuticals stock in a transaction dated Thursday, October 12th. The shares were bought at an average cost of $8.50 per share, for a total transaction of $7,225,000.00. The disclosure for this purchase can be found here. Company insiders own 49.10% of the company’s stock.

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KalVista Pharmaceuticals Company Profile

KalVista Pharmaceuticals, Inc, formerly Carbylan Therapeutics, Inc, is a clinical-stage pharmaceutical company. The Company is focused on the discovery, development, and commercialization of small molecule protease inhibitors for a range of diseases. The Company has developed a portfolio of small molecule plasma kallikrein inhibitors targeting hereditary angioedema (HAE) and diabetic macular edema (DME).

Earnings History for KalVista Pharmaceuticals (NASDAQ:KALV)

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