DiaMedica Therapeutics (NASDAQ:DMAC - Get Free Report) released its quarterly earnings results on Monday. The company reported ($0.18) earnings per share for the quarter, missing analysts' consensus estimates of ($0.17) by ($0.01), Zacks reports.
DiaMedica Therapeutics Price Performance
NASDAQ:DMAC traded down $0.05 during mid-day trading on Friday, reaching $5.09. The stock had a trading volume of 24,312 shares, compared to its average volume of 70,007. The stock has a 50-day simple moving average of $5.94 and a two-hundred day simple moving average of $5.10. The stock has a market capitalization of $217.65 million, a PE ratio of -9.09 and a beta of 1.52. DiaMedica Therapeutics has a 12 month low of $2.14 and a 12 month high of $6.82.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright lifted their price target on shares of DiaMedica Therapeutics from $7.00 to $10.00 and gave the company a "buy" rating in a research report on Wednesday.
Get Our Latest Stock Analysis on DiaMedica Therapeutics
DiaMedica Therapeutics Company Profile
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DiaMedica Therapeutics Inc, a clinical stage biopharmaceutical company, focuses on improving the lives of people suffering from serious diseases with a focus on acute ischemic stroke. Its lead candidate is DM199, a pharmaceutically active recombinant form of the human tissue kallikrein-1 protein, which is in Phase II/III trials for the treatment of acute ischemic stroke, as well as that is in Phase 2 to treat cardio-renal disease.
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