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Aquestive Therapeutics (NASDAQ:AQST) Posts Quarterly Earnings Results, Misses Expectations By $0.07 EPS

Aquestive Therapeutics logo with Medical background

Aquestive Therapeutics (NASDAQ:AQST - Get Free Report) released its quarterly earnings data on Monday. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.17) by ($0.07), Zacks reports.

Aquestive Therapeutics Stock Up 2.2%

Shares of Aquestive Therapeutics stock traded up $0.06 on Monday, reaching $2.85. 1,148,028 shares of the stock were exchanged, compared to its average volume of 1,451,901. The firm has a market capitalization of $283.06 million, a price-to-earnings ratio of -6.33 and a beta of 2.02. Aquestive Therapeutics has a twelve month low of $2.20 and a twelve month high of $5.80. The business has a 50 day moving average price of $2.78 and a two-hundred day moving average price of $3.45.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on AQST. Alliance Global Partners reiterated a "buy" rating on shares of Aquestive Therapeutics in a report on Friday, March 7th. Lake Street Capital cut their price target on Aquestive Therapeutics from $10.00 to $8.00 and set a "buy" rating for the company in a research note on Friday, March 7th. HC Wainwright reissued a "buy" rating and set a $10.00 price objective on shares of Aquestive Therapeutics in a report on Wednesday, April 2nd. Finally, Raymond James set a $7.00 price objective on Aquestive Therapeutics in a research note on Friday, March 7th. Six investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $10.67.

Get Our Latest Stock Analysis on Aquestive Therapeutics

Aquestive Therapeutics Company Profile

(Get Free Report)

Aquestive Therapeutics, Inc operates as a pharmaceutical company in the United States and internationally. The company markets Sympazan, an oral soluble film formulation of clobazam for the treatment of lennox-gastaut syndrome; Suboxone, a sublingual film formulation of buprenorphine and naloxone for the treatment of opioid dependence; Zuplenz, an oral soluble film formulation of ondansetron for the treatment of nausea and vomiting associated with chemotherapy and post-operative recovery; and Azstarys, a once-daily product for the treatment of attention deficit hyperactivity disorder.

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Earnings History for Aquestive Therapeutics (NASDAQ:AQST)

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