HC Wainwright reaffirmed their buy rating on shares of Armata Pharmaceuticals (NYSEAMERICAN:ARMP - Free Report) in a report issued on Thursday morning,Benzinga reports. They currently have a $7.00 price objective on the stock.
Armata Pharmaceuticals Trading Up 1.5 %
NYSEAMERICAN:ARMP traded up $0.03 during mid-day trading on Thursday, hitting $1.98. 20,460 shares of the company's stock traded hands, compared to its average volume of 12,239. The company has a market capitalization of $71.64 million, a P/E ratio of -1.21 and a beta of 0.78. Armata Pharmaceuticals has a 1 year low of $1.89 and a 1 year high of $4.48.
About Armata Pharmaceuticals
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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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