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Contineum Therapeutics (CTNM) Projected to Post Quarterly Earnings on Wednesday

Contineum Therapeutics logo with Medical background

Contineum Therapeutics (NASDAQ:CTNM - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.44) per share for the quarter.

Contineum Therapeutics Price Performance

Shares of CTNM traded down $0.31 during trading hours on Friday, reaching $7.59. The stock had a trading volume of 65,650 shares, compared to its average volume of 71,119. Contineum Therapeutics has a 12 month low of $7.04 and a 12 month high of $22.00. The firm has a 50-day simple moving average of $11.67 and a 200 day simple moving average of $15.22.

Analyst Ratings Changes

Separately, Royal Bank of Canada reaffirmed an "outperform" rating and set a $31.00 price objective on shares of Contineum Therapeutics in a report on Thursday, January 9th. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Contineum Therapeutics presently has a consensus rating of "Buy" and an average price target of $29.25.

Read Our Latest Research Report on CTNM

About Contineum Therapeutics

(Get Free Report)

Contineum Therapeutics, Inc, a clinical stage biopharmaceutical company, focuses on discovering and developing novel oral small molecule therapies for neuroscience, inflammation, and immunology indications with high unmet need. Its lead asset is PIPE-791, a novel, brain penetrant, small molecule inhibitor of the lysophosphatidic acid 1 receptor (LPA1R) for the treatment of idiopathic pulmonary fibrosis and progressive multiple sclerosis (MS).

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