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Inhibrx (NASDAQ:INBX) Posts Earnings Results, Misses Estimates By $0.21 EPS

Inhibrx logo with Medical background
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Inhibrx (NASDAQ:INBX - Get Free Report) released its quarterly earnings data on Monday. The company reported ($3.09) earnings per share for the quarter, missing the consensus estimate of ($2.88) by ($0.21), Zacks reports. The company had revenue of $0.10 million for the quarter.

Inhibrx Price Performance

Shares of NASDAQ:INBX traded up $0.25 during trading hours on Friday, hitting $14.35. The stock had a trading volume of 118,160 shares, compared to its average volume of 215,034. The stock's fifty day simple moving average is $13.27 and its 200 day simple moving average is $14.65. Inhibrx has a 1-year low of $10.80 and a 1-year high of $35.42.

Analyst Ratings Changes

Separately, JMP Securities reiterated a "market perform" rating on shares of Inhibrx in a research note on Wednesday, January 22nd.

View Our Latest Analysis on INBX

About Inhibrx

(Get Free Report)

Inhibrx, Inc, a clinical-stage biopharmaceutical company, develops a pipeline of novel biologic therapeutic candidates. The company's therapeutic candidate includes INBRX-101, an alpha-1 antitrypsin (AAT)-Fc fusion protein therapeutic candidate, which is in Phase 1 clinical trials for use in the treatment of patients with AAT deficiency.

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Earnings History for Inhibrx (NASDAQ:INBX)

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