Opiant Pharmaceuticals, Inc. (OPNT) Lifted to “B” at TheStreet
Opiant Pharmaceuticals, Inc. (NASDAQ:OPNT) was upgraded by TheStreet from a “c+” rating to a “b” rating in a research note issued to investors on Monday.
Separately, ValuEngine raised shares of Opiant Pharmaceuticals from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, September 6th.
Shares of Opiant Pharmaceuticals (OPNT) opened at 35.78 on Monday. The firm’s 50-day moving average price is $36.56 and its 200 day moving average price is $16.10. The firm has a market capitalization of $72.49 million, a P/E ratio of 13.46 and a beta of -0.97. Opiant Pharmaceuticals has a 12 month low of $5.00 and a 12 month high of $51.90.
Opiant Pharmaceuticals (NASDAQ:OPNT) last announced its quarterly earnings results on Friday, October 13th. The technology company reported ($0.17) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.87) by $0.70. Opiant Pharmaceuticals had a net margin of 35.68% and a return on equity of 278.86%. The firm had revenue of $3.77 million during the quarter. Analysts anticipate that Opiant Pharmaceuticals will post $0.50 earnings per share for the current fiscal year.
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About Opiant Pharmaceuticals
Opiant Pharmaceuticals, Inc, formerly Lightlake Therapeutics, Inc, is a specialty pharmaceutical company. The Company develops pharmacological treatments for substance use, addictive and eating disorders. The Company has developed NARCAN (naloxone hydrochloride) Nasal Spray, a treatment to reverse opioid overdoses, which was conceived, licensed, developed and approved by the United States Food and Drug Administration (FDA).
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