Krystal Biotech, Inc. (NASDAQ:KRYS) posted its quarterly earnings data on Monday. The company reported ($1.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.74) by ($0.52), Bloomberg Earnings reports.

Shares of Krystal Biotech (KRYS) traded up $0.38 during mid-day trading on Tuesday, hitting $10.56. 46,600 shares of the stock traded hands, compared to its average volume of 32,297. Krystal Biotech has a twelve month low of $9.01 and a twelve month high of $11.98.

Separately, Ladenburg Thalmann Financial Services began coverage on shares of Krystal Biotech in a research report on Wednesday, October 18th. They issued a “buy” rating and a $23.00 price objective for the company.

In related news, COO Suma Krishnan purchased 100,000 shares of Krystal Biotech stock in a transaction dated Friday, September 22nd. The shares were acquired at an average price of $10.00 per share, with a total value of $1,000,000.00. Following the completion of the transaction, the chief operating officer now owns 1,935,249 shares of the company’s stock, valued at approximately $19,352,490. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Daniel Janney purchased 200,000 shares of Krystal Biotech stock in a transaction dated Friday, September 22nd. The shares were bought at an average cost of $10.00 per share, for a total transaction of $2,000,000.00. The disclosure for this purchase can be found here.

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Krystal Biotech Company Profile

Krystal Biotech, Inc gene therapy company. The Company is engaged in developing and commercializing novel treatments for patients suffering from dermatological diseases. The Company has developed a Skin TARgeted Delivery platform, or STAR-D platform, that consists of a patent pending engineered viral vector based on herpes simplex virus 1, or HSV-1, and skin-optimized gene transfer technology, to develop off-the-shelf treatments for dermatological diseases.

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