ReNeuron Group (RENE) Announces Earnings Results
ReNeuron Group (LON:RENE) posted its quarterly earnings results on Thursday. The company reported GBX (0.30) ($0.00) earnings per share for the quarter, Bloomberg Earnings reports. The company had revenue of GBX 200 million during the quarter. ReNeuron Group had a negative net margin of 32,825.00% and a negative return on equity of 27.66%.
Shares of ReNeuron Group (RENE) opened at GBX 2.01 ($0.03) on Friday. ReNeuron Group has a one year low of GBX 1.58 ($0.02) and a one year high of GBX 3.20 ($0.04).
Several research analysts have recently commented on RENE shares. N+1 Singer reiterated a “corporate” rating on shares of ReNeuron Group in a research note on Monday, October 9th. Stifel Nicolaus reiterated a “buy” rating and set a GBX 13 ($0.17) target price on shares of ReNeuron Group in a research note on Thursday, November 9th.
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ReNeuron Group plc is a clinical-stage company. The Company, through its subsidiaries, is engaged in researching and developing cell-based therapies. The Company’s products are allogeneic. Its CTX stem cell therapy is used for the treatment of patients left disabled by the effects of a stroke. Its human retinal progenitor cells (hRPC) stem cell candidate is used for the treatment of retinitis pigmentosa (RP).
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