Zacks Investment Research upgraded shares of AIT Therapeutics (OTCMKTS:AITB) from a sell rating to a hold rating in a research note published on Monday.
According to Zacks, “AIT Therapeutics, Inc. is a clinical-stage anti-microbial therapeutic company using nitric oxide to treat respiratory and other diseases. The Company is currently applying its therapeutic expertise to treat lower respiratory tract infections, which are not effectively addressed with current standards of care. It is advancing its revolutionary respiratory targeted system in clinical trials for the treatment of bronchiolitis and nontuberculous mycobacteria. AIT Therapeutics, Inc. is based in Ness Ziona, Israel. “
Shares of AITB opened at $3.90 on Monday. AIT Therapeutics has a 12-month low of $2.05 and a 12-month high of $5.49. The stock has a market capitalization of $34.56 million, a P/E ratio of -1.30 and a beta of 1.52.
AIT Therapeutics (OTCMKTS:AITB) last announced its quarterly earnings data on Wednesday, November 14th. The company reported ($0.53) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.21) by ($0.32). As a group, research analysts expect that AIT Therapeutics will post -0.95 EPS for the current fiscal year.
AIT Therapeutics Company Profile
AIT Therapeutics, Inc, a clinical-stage medical device and biopharmaceutical company, develops nitric oxide (NO) delivery systems to treat respiratory and other diseases. Its NO delivery systems are used for the treatment of pulmonary hypertension of the newborn, bronchiolitis, and nontuberculous mycobacteria.
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