Ampio Pharmaceuticals (NYSEAMERICAN:AMPE) Share Price Crosses Above 50-Day Moving Average of $0.00
Ampio Pharmaceuticals Inc (NYSEAMERICAN:AMPE) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.00 and traded as high as $0.89. Ampio Pharmaceuticals shares last traded at $0.88, with a volume of 3,504,478 shares.
Separately, Zacks Investment Research lowered shares of Ampio Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Tuesday, June 9th.
Ampio Pharmaceuticals (NYSEAMERICAN:AMPE) last announced its quarterly earnings results on Friday, July 31st. The specialty pharmaceutical company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.02.
Ampio Pharmaceuticals Company Profile (NYSEAMERICAN:AMPE)
Ampio Pharmaceuticals, Inc, a biopharmaceutical company, focuses on the development of therapies for the treatment of prevalent inflammatory conditions in the United States. The company is developing compounds that decrease inflammation by inhibiting specific pro-inflammatory compounds. Its product pipeline includes Ampion, an intra-articular injection for the treatment of osteoarthritis of the knee.
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