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Sionna Therapeutics (NASDAQ:SION) Issues Quarterly Earnings Results

Sionna Therapeutics logo with Medical background

Sionna Therapeutics (NASDAQ:SION - Get Free Report) announced its quarterly earnings data on Monday. The company reported ($0.62) EPS for the quarter, missing the consensus estimate of ($0.45) by ($0.17), Zacks reports.

Sionna Therapeutics Price Performance

SION opened at $12.32 on Monday. Sionna Therapeutics has a one year low of $7.26 and a one year high of $25.19. The firm's 50 day simple moving average is $12.25.

Analyst Ratings Changes

SION has been the topic of several research reports. TD Cowen initiated coverage on shares of Sionna Therapeutics in a research note on Tuesday, March 4th. They set a "buy" rating on the stock. Guggenheim initiated coverage on shares of Sionna Therapeutics in a research report on Tuesday, March 4th. They issued a "buy" rating and a $45.00 target price on the stock. Finally, Stifel Nicolaus assumed coverage on Sionna Therapeutics in a research note on Tuesday, March 4th. They set a "buy" rating and a $32.00 price objective on the stock.

Read Our Latest Analysis on SION

Sionna Therapeutics Company Profile

(Get Free Report)

We are a clinical-stage biopharmaceutical company on a mission to revolutionize the current treatment paradigm for cystic fibrosis (“CF”) patients by developing novel medicines that normalize the function of the cystic fibrosis transmembrane conductance regulator (“CFTR”) protein to deliver clinically meaningful benefit to CF patients.

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