Monopar Therapeutics Inc. (NASDAQ:MNPR - Get Free Report)'s share price gapped down before the market opened on Friday . The stock had previously closed at $32.66, but opened at $22.39. Monopar Therapeutics shares last traded at $21.56, with a volume of 2,178,985 shares trading hands.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on MNPR. HC Wainwright lifted their price objective on Monopar Therapeutics from $2.00 to $6.00 and gave the company a "buy" rating in a research note on Wednesday, August 14th. Rodman & Renshaw assumed coverage on shares of Monopar Therapeutics in a research note on Friday, October 11th. They issued a "buy" rating and a $50.00 price target on the stock.
Get Our Latest Report on MNPR
Monopar Therapeutics Stock Performance
The company has a 50-day moving average price of $4.58 and a 200-day moving average price of $3.83. The firm has a market capitalization of $296.00 million, a price-to-earnings ratio of -38.50 and a beta of 1.26.
Monopar Therapeutics (NASDAQ:MNPR - Get Free Report) last posted its earnings results on Friday, August 9th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.01). On average, research analysts expect that Monopar Therapeutics Inc. will post -1.93 earnings per share for the current fiscal year.
Monopar Therapeutics Company Profile
(
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Monopar Therapeutics Inc, a clinical-stage biopharmaceutical company, engages in developing therapeutics for the treatment of cancer in the United States. Its lead product candidate in development is Validive, a clonidine hydrochloride mucobuccal tablet that is in Phase 2b/3 clinical trial for the prevention of chemoradiotherapy induced severe oral mucositis in patients with oropharyngeal cancer.
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