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Weiss Ratings Reiterates Sell (E+) Rating for Coeptis Therapeutics (NASDAQ:COEP)

Coeptis Therapeutics logo with Medical background

Key Points

  • Weiss Ratings has reiterated a "sell (e+)" rating for Coeptis Therapeutics (NASDAQ: COEP), signaling continued investor caution regarding the stock.
  • Coeptis Therapeutics experienced a 5.4% decrease in stock price on Friday, closing at $15.00 amid a trading volume of 56,988 shares.
  • The company's most recent quarterly report showed a significant loss, with earnings per share of ($1.17) and revenue of only $0.20 million.
  • Five stocks to consider instead of Coeptis Therapeutics.

Coeptis Therapeutics (NASDAQ:COEP - Get Free Report)'s stock had its "sell (e+)" rating reissued by Weiss Ratings in a research report issued to clients and investors on Friday,Weiss Ratings reports.

Coeptis Therapeutics Trading Down 5.4%

COEP traded down $0.85 during trading on Friday, reaching $15.00. The company had a trading volume of 56,988 shares, compared to its average volume of 44,090. The stock has a market cap of $72.30 million, a P/E ratio of -2.59 and a beta of -0.49. The business has a 50 day simple moving average of $14.60 and a 200-day simple moving average of $11.30. Coeptis Therapeutics has a 52 week low of $2.31 and a 52 week high of $19.19. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.02.

Coeptis Therapeutics (NASDAQ:COEP - Get Free Report) last posted its quarterly earnings data on Thursday, August 14th. The company reported ($1.17) earnings per share for the quarter. The business had revenue of $0.20 million for the quarter.

Coeptis Therapeutics Company Profile

(Get Free Report)

Coeptis Therapeutics Holdings, Inc, a biopharmaceutical company, develops cell therapy platforms for patients with cancer. Its product portfolio consists of CD38-GEAR-NK, a cell therapy for the treatment of CD38-related cancers, including multiple myeloma, chronic lymphocytic leukemia, and acute myeloid leukemia; SNAP-CAR, a CAR T cell therapy platform co-administered with tagged, tumor-specific antibodies to potentially target different tumor types, including hematological malignancies and solid tumors; and CD38-Diagnostic, an in vitro screening tool to analyze if cancer patients might be appropriate candidates for anti-CD38 mAb therapy.

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