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Vistagen Therapeutics (NASDAQ:VTGN) Releases Quarterly Earnings Results, Beats Expectations By $0.10 EPS

Vistagen Therapeutics logo with Medical background

Vistagen Therapeutics (NASDAQ:VTGN - Get Free Report) issued its quarterly earnings data on Tuesday. The company reported ($0.43) EPS for the quarter, beating the consensus estimate of ($0.53) by $0.10, Zacks reports. Vistagen Therapeutics had a negative net margin of 6,777.08% and a negative return on equity of 48.12%.

Vistagen Therapeutics Trading Up 0.8%

Shares of Vistagen Therapeutics stock traded up $0.02 during trading on Tuesday, hitting $2.38. The stock had a trading volume of 297,351 shares, compared to its average volume of 171,739. Vistagen Therapeutics has a 12 month low of $1.90 and a 12 month high of $4.21. The firm has a market cap of $68.69 million, a price-to-earnings ratio of -1.61 and a beta of 0.70. The business's 50-day moving average is $2.30 and its 200 day moving average is $2.58.

Institutional Investors Weigh In On Vistagen Therapeutics

An institutional investor recently bought a new position in Vistagen Therapeutics stock. Cubist Systematic Strategies LLC purchased a new stake in shares of Vistagen Therapeutics, Inc. (NASDAQ:VTGN - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 10,088 shares of the company's stock, valued at approximately $25,000. Institutional investors own 78.39% of the company's stock.

Vistagen Therapeutics Company Profile

(Get Free Report)

Vistagen Therapeutics, Inc, a late clinical-stage biopharmaceutical company, primarily focus to transform the treatment landscape for individuals living with anxiety, depression, and other central nervous system (CNS) disorders. The company's pipeline includes six clinical stage product candidates, including five investigational agents belonging to drugs known as pherines.

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Earnings History for Vistagen Therapeutics (NASDAQ:VTGN)

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