Armata Pharmaceuticals (NYSEAMERICAN:ARMP – Get Free Report) is projected to issue its quarterly earnings data before the market opens on Thursday, March 20th. Analysts expect the company to announce earnings of ($0.35) per share and revenue of $1.56 million for the quarter.
Armata Pharmaceuticals Trading Up 0.5 %
Shares of ARMP stock opened at $2.05 on Wednesday. Armata Pharmaceuticals has a 52-week low of $1.80 and a 52-week high of $4.25. The company has a market capitalization of $74.17 million, a price-to-earnings ratio of -1.25 and a beta of 0.87.
Analysts Set New Price Targets
Separately, HC Wainwright reaffirmed a “buy” rating and issued a $7.00 price objective on shares of Armata Pharmaceuticals in a research note on Thursday, December 19th.
About Armata Pharmaceuticals
Armata Pharmaceuticals, Inc, a clinical-stage biotechnology company, focuses on the development of targeted bacteriophage therapeutics for antibiotic-resistant infections worldwide. It develops its products using its proprietary bacteriophage-based technology. The company's product candidates include AP-SA02 for the treatment of Staphylococcus aureus bacteremia; AP-PA02 for Pseudomonas aeruginosa; and AP-PA03 for the treatment of pneumonia.
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