Hoth Therapeutics (HOTH) to Release Quarterly Earnings on Thursday

Hoth Therapeutics (NASDAQ:HOTH) is expected to be announcing its earnings results before the market opens on Thursday, March 27th. Analysts expect the company to announce earnings of ($0.39) per share for the quarter.

Hoth Therapeutics Stock Performance

Hoth Therapeutics stock opened at $1.07 on Tuesday. Hoth Therapeutics has a 52 week low of $0.58 and a 52 week high of $3.80. The firm has a market capitalization of $7.39 million, a price-to-earnings ratio of -0.81 and a beta of 0.84. The company has a 50 day moving average price of $1.17 and a 200 day moving average price of $1.01.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on HOTH. D. Boral Capital restated a “buy” rating and set a $5.00 price target on shares of Hoth Therapeutics in a research note on Monday, March 10th. HC Wainwright reissued a “buy” rating and set a $4.00 price objective on shares of Hoth Therapeutics in a report on Thursday, January 23rd.

Hoth Therapeutics Company Profile

Hoth Therapeutics, Inc, a clinical-stage biopharmaceutical company, focuses on developing therapies for unmet medical needs. It is involved in the development of HT-001, a topical formulation, which is in Phase II clinical trial for the treatment of patients with rash and skin disorders associated with initial and repeat courses of tyrosine kinase epidermal growth factor receptor inhibitor therapy; HT-KIT to treat mast-cell derived cancers and anaphylaxis; HT-TBI to treat traumatic brain injury and ischemic stroke; HT-ALZ for the treatment and/or prevention of Alzheimer's or other neuroinflammatory diseases; HT-004 for treatment of asthma and allergies using inhalational administration; HT-003 for the treatment of acne and psoriasis, as well as inflammatory bowel diseases; and HT-002, a novel peptide for treating COVID-19.