Briacell Therap (NASDAQ:BCTX) Posts Earnings Results, Beats Estimates By $7.76 EPS

Briacell Therap (NASDAQ:BCTXGet Free Report) released its earnings results on Thursday. The company reported ($4.35) earnings per share (EPS) for the quarter, topping the consensus estimate of ($12.11) by $7.76, Zacks reports.

Briacell Therap Price Performance

Shares of NASDAQ BCTX traded down $1.00 during midday trading on Thursday, reaching $10.31. 84,871 shares of the stock traded hands, compared to its average volume of 100,460. The stock has a market capitalization of $19.42 million, a PE ratio of -0.12 and a beta of 1.38. Briacell Therap has a one year low of $6.00 and a one year high of $106.50. The company’s 50 day moving average is $11.09 and its 200 day moving average is $14.81.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Briacell Therap in a report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $320.00.

Read Our Latest Stock Analysis on BCTX

Institutional Investors Weigh In On Briacell Therap

A hedge fund recently bought a new stake in Briacell Therap stock. Citadel Advisors LLC acquired a new position in Briacell Therap (NASDAQ:BCTXFree Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 11,055 shares of the company’s stock, valued at approximately $122,000. Citadel Advisors LLC owned approximately 1.63% of Briacell Therap as of its most recent SEC filing. 15.42% of the stock is owned by institutional investors.

Briacell Therap Company Profile

(Get Free Report)

BriaCell Therapeutics Corp., a clinical stage immuno-oncology company, engages in developing targeted immunotherapies to transform cancer care. Its lead candidate is Bria-IMT, a targeted cell-based immunotherapy that is being evaluated in a pivotal Phase 3 combination study for metastatic breast cancer.

See Also

Earnings History for Briacell Therap (NASDAQ:BCTX)

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