ESSA Pharma Inc. (NASDAQ:EPIX - Get Free Report) TSE: EPI shot up 8.8% during mid-day trading on Monday . The company traded as high as $1.88 and last traded at $1.86. 3,430,662 shares were traded during mid-day trading, an increase of 870% from the average session volume of 353,838 shares. The stock had previously closed at $1.71.
ESSA Pharma Stock Performance
The stock's fifty day moving average price is $1.71 and its two-hundred day moving average price is $1.70. The company has a market cap of $83.01 million, a P/E ratio of -2.97 and a beta of 1.56.
ESSA Pharma (NASDAQ:EPIX - Get Free Report) TSE: EPI last released its quarterly earnings data on Thursday, May 8th. The company reported ($0.14) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.19) by $0.05. On average, equities research analysts forecast that ESSA Pharma Inc. will post -0.42 EPS for the current year.
Institutional Trading of ESSA Pharma
Institutional investors have recently modified their holdings of the business. Bank of America Corp DE grew its stake in shares of ESSA Pharma by 10,153,775.0% in the fourth quarter. Bank of America Corp DE now owns 812,310 shares of the company's stock worth $1,454,000 after purchasing an additional 812,302 shares during the last quarter. Two Sigma Investments LP acquired a new stake in shares of ESSA Pharma during the fourth quarter worth $378,000. Jane Street Group LLC bought a new position in ESSA Pharma during the fourth quarter worth $82,000. Cubist Systematic Strategies LLC bought a new position in ESSA Pharma during the fourth quarter worth $47,000. Finally, Two Sigma Advisers LP bought a new position in ESSA Pharma during the fourth quarter worth $148,000. Institutional investors own 75.12% of the company's stock.
ESSA Pharma Company Profile
(
Get Free Report)
ESSA Pharma Inc, a clinical stage pharmaceutical company, focuses the development of small molecule drugs for the treatment of prostate cancer. The company's lead candidate EPI-7386, an androgen receptor based resistance mechanisms that develop in patients with castration-resistant prostate cancer and metastatic castration-resistant prostate cancer.
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