Rexahn Pharmaceuticals (NYSEAMERICAN:RNN) posted its quarterly earnings data on Monday. The company reported ($0.62) EPS for the quarter, beating the consensus estimate of ($0.93) by $0.31, Fidelity Earnings reports.
Shares of RNN stock opened at $5.07 on Wednesday. Rexahn Pharmaceuticals has a 1 year low of $4.75 and a 1 year high of $28.56.
Several research firms recently commented on RNN. Zacks Investment Research downgraded Rexahn Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Thursday, May 9th. HC Wainwright set a $23.00 price objective on Rexahn Pharmaceuticals and gave the company a “buy” rating in a research note on Wednesday, April 17th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $42.67.
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About Rexahn Pharmaceuticals
Rexahn Pharmaceuticals, Inc, a clinical stage biopharmaceutical company, develops therapies for the treatment of cancer. The company's product pipeline include RX-3117, which is in Phase IIa clinical trials for the treatment of patients with relapsed or refractory metastatic pancreatic cancer, as well as bladder, colon, lung and cervical cancer; and RX-5902 that is in Phase IIa clinical trials to treat patients with metastatic triple negative breast cancer.
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