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Telomir Pharmaceuticals (TELO) Projected to Post Earnings on Monday

Telomir Pharmaceuticals logo with Medical background

Telomir Pharmaceuticals (NASDAQ:TELO - Get Free Report) is expected to release its earnings data before the market opens on Monday, May 12th. Analysts expect the company to announce earnings of ($0.10) per share for the quarter.

Telomir Pharmaceuticals (NASDAQ:TELO - Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.05). On average, analysts expect Telomir Pharmaceuticals to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Telomir Pharmaceuticals Stock Performance

TELO opened at $2.59 on Monday. The company has a market cap of $77.09 million, a PE ratio of -4.47 and a beta of 0.17. The stock has a 50-day moving average of $3.41 and a 200-day moving average of $4.14. Telomir Pharmaceuticals has a 52-week low of $2.35 and a 52-week high of $8.40.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TELO. Rodman & Renshaw began coverage on Telomir Pharmaceuticals in a research report on Friday, February 21st. They set a "buy" rating and a $15.00 target price for the company. RODMAN&RENSHAW raised shares of Telomir Pharmaceuticals to a "strong-buy" rating in a report on Thursday, February 20th.

Check Out Our Latest Stock Report on TELO

Hedge Funds Weigh In On Telomir Pharmaceuticals

An institutional investor recently raised its position in Telomir Pharmaceuticals stock. Bank of America Corp DE boosted its holdings in Telomir Pharmaceuticals, Inc. (NASDAQ:TELO - Free Report) by 283.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,713 shares of the company's stock after buying an additional 10,880 shares during the period. Bank of America Corp DE's holdings in Telomir Pharmaceuticals were worth $61,000 as of its most recent SEC filing.

Telomir Pharmaceuticals Company Profile

(Get Free Report)

Telomir Pharmaceuticals, Inc, a pre-clinical-stage pharmaceutical company, focuses on the development and commercialization of therapeutic treatment for human stem cells. The company develops TELOMIR-1, a novel small molecule being developed to function as an oral in situ therapeutic intervention against age-related inflammatory conditions, such as hemochromatosis and osteoarthritis, as well as for post-chemotherapy health problems.

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