Addex Therapeutics (ADXN) to Release Quarterly Earnings on Monday

Addex Therapeutics (NASDAQ:ADXNGet Free Report) is scheduled to release its earnings data before the market opens on Monday, November 11th. Analysts expect Addex Therapeutics to post earnings of ($0.07) per share for the quarter.

Addex Therapeutics (NASDAQ:ADXNGet Free Report) last announced its quarterly earnings results on Monday, September 30th. The company reported ($1.77) EPS for the quarter, missing the consensus estimate of ($0.07) by ($1.70). The business had revenue of $0.13 million for the quarter, compared to analyst estimates of $0.26 million. Addex Therapeutics had a negative return on equity of 190.29% and a net margin of 463.11%. On average, analysts expect Addex Therapeutics to post $10 EPS for the current fiscal year and $-6 EPS for the next fiscal year.

Addex Therapeutics Trading Down 0.8 %

Shares of NASDAQ:ADXN opened at $10.55 on Friday. The stock has a market capitalization of $11.18 million, a PE ratio of -6.43 and a beta of 1.78. Addex Therapeutics has a 1 year low of $5.00 and a 1 year high of $27.90. The firm has a fifty day moving average price of $10.35 and a 200 day moving average price of $9.24.

Analysts Set New Price Targets

Separately, HC Wainwright reiterated a “buy” rating and set a $30.00 price target on shares of Addex Therapeutics in a report on Wednesday, October 2nd.

Check Out Our Latest Analysis on Addex Therapeutics

Addex Therapeutics Company Profile

(Get Free Report)

Addex Therapeutics Ltd discovers, develops, and commercializes small-molecule pharmaceutical products for central nervous system (CNS) disorders in Switzerland. The company focuses on the discovery of G-protein coupled receptors and enzymes. Its lead programs include Dipraglurant for the treatment of Parkinson's disease levodopa-induced dyskinesia and dystonia, and post-stroke/TBI recovery; ADX71149, a novel orally active metabotropic glutamate receptor subtype 2 positive allosteric modulator (mGlu2 PAM) for the treatment of epilepsy; and GABAB PAM for the treatment of pain, anxiety, overactive bladder, and addiction, as well as substance use disorder.

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Earnings History for Addex Therapeutics (NASDAQ:ADXN)

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