HC Wainwright Initiates Coverage on Lakewood-Amedex Biotherapeutics (NASDAQ:LABT)

Analysts at HC Wainwright began coverage on shares of Lakewood-Amedex Biotherapeutics (NASDAQ:LABT – Get Free Report) in a research note issued on Wednesday, Marketbeat.com reports. The brokerage set a “buy” rating on the stock.

A number of other research firms also recently commented on LABT. Wall Street Zen upgraded shares of Lakewood-Amedex Biotherapeutics from a “strong sell” rating to a “sell” rating in a report on Sunday, September 6th. Weiss Ratings raised shares of Lakewood-Amedex Biotherapeutics from a “sell (e-)” rating to a “sell (e)” rating in a research note on Friday, October 2nd. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold”.

Check Out Our Latest Report on Lakewood-Amedex Biotherapeutics

Lakewood-Amedex Biotherapeutics Price Performance

Shares of LABT opened at $0.29 on Wednesday. Lakewood-Amedex Biotherapeutics has a one year low of $0.24 and a one year high of $98.20. The stock has a market capitalization of $678,294.00 and a PE ratio of -0.06. The stock’s 50 day moving average price is $1.51.

Lakewood-Amedex Biotherapeutics (NASDAQ:LABT – Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The company reported ($2.75) EPS for the quarter. Sell-side analysts predict that Lakewood-Amedex Biotherapeutics will post 4.96 EPS for the current year.

Lakewood-Amedex Biotherapeutics Company Profile

(Get Free Report)

Lakewood-Amedex Biotherapeutics, Inc is a biotechnology company focused on the research and development of anti-infective therapies. Its work centers on developing treatments designed to address infections caused by bacteria and other pathogens.

The company’s activities are primarily directed toward advancing a pipeline of investigational therapeutic candidates rather than selling a broad portfolio of marketed products. Its development programs have focused on potential applications in human health, including treatments for localized and systemic infections.

Publicly available information about Lakewood-Amedex Biotherapeutics’ current product pipeline, commercial operations, geographic reach, and leadership is limited.

Further Reading

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