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Unicycive Therapeutics (NASDAQ:UNCY) Announces Quarterly Earnings Results, Misses Expectations By $0.13 EPS

Unicycive Therapeutics logo with Medical background
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Unicycive Therapeutics (NASDAQ:UNCY - Get Free Report) released its earnings results on Thursday. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.13), Zacks reports.

Unicycive Therapeutics Stock Up 0.5 %

Shares of Unicycive Therapeutics stock traded up $0.00 during trading on Wednesday, hitting $0.55. The stock had a trading volume of 2,231,734 shares, compared to its average volume of 1,421,825. The company has a market capitalization of $56.93 million, a PE ratio of -0.57 and a beta of 2.26. Unicycive Therapeutics has a 1 year low of $0.20 and a 1 year high of $1.60. The stock has a 50 day simple moving average of $0.59 and a 200 day simple moving average of $0.57.

Analyst Ratings Changes

Separately, HC Wainwright raised their price objective on Unicycive Therapeutics from $4.00 to $7.50 and gave the stock a "buy" rating in a research note on Tuesday.

Get Our Latest Research Report on UNCY

About Unicycive Therapeutics

(Get Free Report)

Unicycive Therapeutics, Inc, a biotechnology company, engages in developing novel therapies for kidney diseases in the United States. It is developing Renazorb for treatment of hyperphosphatemia in patients with chronic kidney disease on dialysis; and UNI 494, which is in Phase 1 clinical trials for treatment of acute kidney injury.

Further Reading

Earnings History for Unicycive Therapeutics (NASDAQ:UNCY)

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