Zosano Pharma Corporation (NASDAQ:ZSAN) Scheduled to Post Quarterly Earnings on Thursday
Zosano Pharma Corporation (NASDAQ:ZSAN) is scheduled to be releasing its earnings data after the market closes on Thursday, August 10th. Analysts expect Zosano Pharma Corporation to post earnings of ($0.19) per share for the quarter.
Zosano Pharma Corporation (NASDAQ:ZSAN) last announced its quarterly earnings results on Tuesday, May 9th. The biotechnology company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.30) by $0.04. On average, analysts expect Zosano Pharma Corporation to post $-0.97 EPS for the current fiscal year and $-0.99 EPS for the next fiscal year.
Shares of Zosano Pharma Corporation (ZSAN) opened at 1.04 on Wednesday. Zosano Pharma Corporation has a one year low of $0.45 and a one year high of $3.54. The company’s market capitalization is $40.77 million. The company’s 50 day moving average is $1.33 and its 200 day moving average is $1.58.
In other Zosano Pharma Corporation news, CEO John Peter Walker purchased 73,716 shares of Zosano Pharma Corporation stock in a transaction on Thursday, May 25th. The shares were acquired at an average cost of $1.36 per share, for a total transaction of $100,253.76. Following the completion of the transaction, the chief executive officer now directly owns 169,344 shares of the company’s stock, valued at $230,307.84. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, CFO Georgia Erbez bought 68,000 shares of the business’s stock in a transaction dated Thursday, May 25th. The stock was purchased at an average price of $1.32 per share, for a total transaction of $89,760.00. Following the acquisition, the chief financial officer now directly owns 115,750 shares of the company’s stock, valued at approximately $152,790. The disclosure for this purchase can be found here. 2.95% of the stock is owned by company insiders.
Separately, ValuEngine cut shares of Zosano Pharma Corporation from a “sell” rating to a “strong sell” rating in a research report on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. Zosano Pharma Corporation presently has a consensus rating of “Hold” and an average price target of $2.58.
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Zosano Pharma Corporation Company Profile
Zosano Pharma Corporation is a clinical-stage specialty pharmaceutical company. The Company has developed a transdermal microneedle patch system to deliver its formulations of existing drugs through the skin for the treatment of a range of indications. Its microneedle patch system offers consistent drug delivery and improved ease of use and room-temperature stability.
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