TapImmune (MRKR) Releases Earnings Results, Beats Expectations By $0.12 EPS
TapImmune (NASDAQ:MRKR) posted its quarterly earnings results on Tuesday. The company reported ($0.32) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.44) by $0.12, Bloomberg Earnings reports.
Shares of MRKR traded up $0.06 on Thursday, reaching $6.92. 8,955 shares of the company’s stock were exchanged, compared to its average volume of 266,289. The company has a market cap of $314.58 million, a price-to-earnings ratio of -5.97 and a beta of -0.32. TapImmune has a 12 month low of $2.58 and a 12 month high of $13.55.
Separately, Piper Jaffray Companies initiated coverage on shares of TapImmune in a research note on Monday, October 22nd. They set a “neutral” rating for the company.
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Marker Therapeutics, Inc, a clinical-stage immuno-oncology company, develops T cell-based immunotherapies for the treatment of hematological malignancies and solid tumor indications. Its cell therapy technology is based on the tumor-specific T cells that recognize tumor associated antigens and kill tumor cells expressing those targets.
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