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Hookipa Pharma (NASDAQ:HOOK) Issues Quarterly Earnings Results

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Hookipa Pharma (NASDAQ:HOOK - Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.24, Zacks reports. Hookipa Pharma had a negative net margin of 405.28% and a negative return on equity of 72.30%. The company had revenue of $36.60 million for the quarter, compared to the consensus estimate of $3.20 million. During the same period last year, the firm posted ($0.27) EPS.

Hookipa Pharma Stock Performance

NASDAQ HOOK traded down $0.03 during mid-day trading on Friday, hitting $0.77. The stock had a trading volume of 623,570 shares, compared to its average volume of 1,319,507. The company has a 50 day simple moving average of $0.78 and a 200 day simple moving average of $0.68. Hookipa Pharma has a 52-week low of $0.41 and a 52-week high of $2.05.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on HOOK. Royal Bank of Canada reiterated an "outperform" rating and set a $5.00 price target on shares of Hookipa Pharma in a research note on Monday, March 25th. HC Wainwright dropped their price objective on Hookipa Pharma from $6.50 to $5.00 and set a "buy" rating on the stock in a report on Friday, April 26th.

View Our Latest Stock Report on HOOK

About Hookipa Pharma

(Get Free Report)

HOOKIPA Pharma Inc, a clinical-stage biopharmaceutical company, develops immunotherapeutics targeting infectious diseases and cancers based on its proprietary arenavirus platform. The company's lead infectious disease product candidate is HB-101, which is in a randomized double-blinded Phase 2 clinical trial in cytomegalovirus-negative patients awaiting kidney transplantation from cytomegalovirus-positive donors.

See Also

Earnings History for Hookipa Pharma (NASDAQ:HOOK)

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