Pharvaris (NASDAQ:PHVS - Get Free Report) released its quarterly earnings results on Monday. The company reported ($0.68) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.74) by $0.06, Zacks reports.
Pharvaris Trading Up 0.8 %
Shares of PHVS traded up $0.10 during trading hours on Friday, reaching $12.00. The company had a trading volume of 56,660 shares, compared to its average volume of 71,419. Pharvaris has a 12-month low of $11.51 and a 12-month high of $25.50. The firm has a 50 day simple moving average of $15.55 and a 200-day simple moving average of $18.36. The company has a market capitalization of $627.48 million, a price-to-earnings ratio of -4.29 and a beta of -2.84.
Analyst Ratings Changes
Separately, JMP Securities upped their price target on shares of Pharvaris from $46.00 to $55.00 and gave the company a "market outperform" rating in a research report on Friday, January 31st.
Check Out Our Latest Report on PHVS
About Pharvaris
(
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Pharvaris N.V., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of therapies for rare diseases. The company develops PHA121, a small molecule bradykinin B2-receptor antagonist for the treatment of hereditary angioedema (HAE). It also develops PHVS416, an on-demand, rapid exposure soft capsule for patients suffering from acute HAE attacks which is under Phase 2 clinical trial; and PHVS719, a prophylactic extended-release tablet for HAE patients which is under Phase 1 clinical trial.
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