Phio Pharmaceuticals (NASDAQ:PHIO – Get Free Report) will likely be issuing its quarterly earnings data on Monday, March 24th. Analysts expect the company to announce earnings of ($1.23) per share for the quarter.
Phio Pharmaceuticals Stock Performance
Shares of PHIO stock opened at $1.29 on Friday. The company has a market capitalization of $8.89 million, a price-to-earnings ratio of -0.12 and a beta of 1.28. Phio Pharmaceuticals has a one year low of $1.22 and a one year high of $9.79. The company’s 50-day moving average is $1.93 and its 200 day moving average is $2.46.
Wall Street Analyst Weigh In
Separately, HC Wainwright reaffirmed a “buy” rating and issued a $4.00 price objective on shares of Phio Pharmaceuticals in a research report on Wednesday, February 19th.
About Phio Pharmaceuticals
Phio Pharmaceuticals Corp. engages in the development of immuno-oncology therapeutics in the United States. The company is developing PH-762, an INTASYL compound in Phase 1b dose-escalating clinical trials to reduce the expression of cell death protein 1 (PD-1), a protein that inhibits T cells’ ability to kill cancer cells; and PH-762 treated double positive tumor infiltrating lymphocytes, which is in Phase 1 clinical trials to treat advanced melanoma and other advanced solid tumors.
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