Liminatus Pharma (NASDAQ:LIMN) Posts Earnings Results

Liminatus Pharma (NASDAQ:LIMNGet Free Report) posted its earnings results on Friday. The company reported ($0.03) earnings per share for the quarter, FiscalAI reports.

Liminatus Pharma Stock Performance

NASDAQ LIMN traded down $0.01 during trading on Friday, reaching $0.14. The company’s stock had a trading volume of 13,204,123 shares, compared to its average volume of 33,408,202. The business’s fifty day moving average price is $0.12 and its 200-day moving average price is $0.25. Liminatus Pharma has a twelve month low of $0.10 and a twelve month high of $4.33. The firm has a market cap of $7.09 million, a price-to-earnings ratio of -0.32 and a beta of 5.35.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Liminatus Pharma in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

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Liminatus Pharma Company Profile

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Liminatus Pharma, Inc is a pre-clinical-stage immuno-oncology company, which engages in developing novel, immune-modulating cancer therapies. The company was founded on November 1, 2020 and is headquartered in La Palma, CA.

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