Aerovate Therapeutics (NASDAQ:AVTE - Get Free Report) posted its earnings results on Thursday. The company reported ($0.19) earnings per share for the quarter, meeting the consensus estimate of ($0.19), Zacks reports.
Aerovate Therapeutics Price Performance
AVTE traded up $0.01 on Tuesday, hitting $2.52. The company had a trading volume of 11,929 shares, compared to its average volume of 572,691. Aerovate Therapeutics has a 1-year low of $1.25 and a 1-year high of $32.42. The company's fifty day moving average price is $2.49 and its 200 day moving average price is $2.45. The stock has a market cap of $72.90 million, a price-to-earnings ratio of -0.84 and a beta of 1.01.
Aerovate Therapeutics Company Profile
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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.
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