Moleculin Biotech (MBRX) Set to Announce Quarterly Earnings on Friday

Moleculin Biotech (NASDAQ:MBRXGet Free Report) is set to release its earnings data after the market closes on Friday, November 8th. Analysts expect Moleculin Biotech to post earnings of ($2.44) per share for the quarter.

Moleculin Biotech (NASDAQ:MBRXGet Free Report) last released its quarterly earnings data on Tuesday, August 13th. The company reported ($2.23) earnings per share for the quarter, missing analysts’ consensus estimates of ($2.10) by ($0.13). On average, analysts expect Moleculin Biotech to post $-9 EPS for the current fiscal year and $-6 EPS for the next fiscal year.

Moleculin Biotech Price Performance

NASDAQ:MBRX opened at $2.36 on Thursday. Moleculin Biotech has a one year low of $2.12 and a one year high of $15.75. The firm has a 50-day moving average of $2.50 and a 200-day moving average of $3.39.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Moleculin Biotech in a research note on Tuesday. They issued a “sell” rating for the company.

Get Our Latest Analysis on MBRX

About Moleculin Biotech

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Moleculin Biotech, Inc, a clinical stage pharmaceutical company, focuses on the development of drug candidates for the treatment of cancers and viruses. Its lead drug candidate is Annamycin, which is in Phase 1B/2 clinical trials for the treatment of relapsed or refractory acute myeloid leukemia (AML) and soft tissue sarcoma metastasized to the lungs.

Further Reading

Earnings History for Moleculin Biotech (NASDAQ:MBRX)

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