Aerovate Therapeutics (AVTE) to Release Quarterly Earnings on Monday

Aerovate Therapeutics (NASDAQ:AVTE - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Monday, March 24th. Analysts expect the company to announce earnings of ($0.40) per share for the quarter.

Aerovate Therapeutics Price Performance

Shares of AVTE stock traded up $0.01 during trading on Tuesday, reaching $2.47. The company's stock had a trading volume of 7,592 shares, compared to its average volume of 578,953. The company has a market capitalization of $71.32 million, a price-to-earnings ratio of -0.83 and a beta of 1.01. Aerovate Therapeutics has a 1-year low of $1.25 and a 1-year high of $32.42. The stock's 50-day moving average price is $2.50 and its 200 day moving average price is $2.40.

Aerovate Therapeutics Company Profile

Aerovate Therapeutics, Inc, a clinical-stage biopharmaceutical company, develops drugs that enhance the lives of patients with rare cardiopulmonary diseases in the United States. It focuses on advancing AV-101, a dry powder inhaled formulation of imatinib for the treatment of pulmonary arterial hypertension, which is in Phase 2b/Phase 3 trial.