Neuralstem, Inc. (NASDAQ:CUR) Announces Quarterly Earnings Results
Neuralstem, Inc. (NASDAQ:CUR) announced its earnings results on Tuesday, August 8th. The company reported ($0.39) EPS for the quarter, beating analysts’ consensus estimates of ($9.49) by $9.10, Bloomberg Earnings reports. Neuralstem had a negative return on equity of 321.78% and a negative net margin of 198,573.91%.
Neuralstem (NASDAQ:CUR) traded up 1.72% during midday trading on Friday, hitting $1.18. The stock had a trading volume of 89,753 shares. The stock has a 50-day moving average price of $3.34 and a 200 day moving average price of $4.33. The firm’s market cap is $14.30 million. Neuralstem has a 12-month low of $0.22 and a 12-month high of $6.60.
Separately, ValuEngine cut Neuralstem from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th.
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Neuralstem, Inc (Neuralstem) is a clinical-stage biopharmaceutical company. The Company is engaged in research, development and commercialization of central nervous system therapies based on its human neuronal stem cells and its stem-cell derived small molecule compounds. The Company has approximately three assets: its NSI-189 small molecule program, its NSI-566 stem cell therapy program and its chemical entity screening platform.
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