Gain Therapeutics (NASDAQ:GANX - Get Free Report) is expected to be releasing its earnings data before the market opens on Tuesday, March 25th. Analysts expect Gain Therapeutics to post earnings of ($0.19) per share for the quarter.
Gain Therapeutics Price Performance
Shares of GANX traded up $0.04 during mid-day trading on Friday, hitting $2.33. 111,929 shares of the stock were exchanged, compared to its average volume of 279,761. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.99 and a current ratio of 2.99. The company has a market cap of $61.67 million, a PE ratio of -2.14 and a beta of 0.14. Gain Therapeutics has a 52-week low of $0.89 and a 52-week high of $4.63. The firm has a 50-day moving average of $2.23 and a two-hundred day moving average of $2.01.
Analyst Ratings Changes
Several research firms have commented on GANX. Roth Mkm reiterated a "buy" rating and set a $7.00 price objective on shares of Gain Therapeutics in a research report on Tuesday, December 24th. HC Wainwright reaffirmed a "buy" rating and issued a $8.00 price target on shares of Gain Therapeutics in a report on Monday. Roth Capital upgraded Gain Therapeutics to a "strong-buy" rating in a research report on Thursday, December 5th. Finally, Scotiabank assumed coverage on Gain Therapeutics in a research report on Friday, March 7th. They set a "sector outperform" rating and a $12.00 price objective on the stock. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $8.20.
Read Our Latest Research Report on Gain Therapeutics
About Gain Therapeutics
(
Get Free Report)
Gain Therapeutics, Inc, a biotechnology company, develops novel small molecule therapeutics to treat diseases across various therapeutic areas. Its drug discovery platform Magellan discovers novel allosteric binding sites in a disease; identifies proprietary small molecules that bind these sites to modulate protein function; and treats the underlying cause of the disease.
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