Imprimis Pharmaceuticals Inc. (IMMY) Shares Up 4.4%
Imprimis Pharmaceuticals Inc. (NASDAQ:IMMY) shot up 4.4% during mid-day trading on Monday . The stock traded as high as $4.04 and last traded at $4.04, with a volume of 56,010 shares trading hands. The stock had previously closed at $3.87.
Separately, Zacks Investment Research lowered Imprimis Pharmaceuticals from a “hold” rating to a “sell” rating in a research note on Friday, May 20th.
The stock’s 50 day moving average is $3.85 and its 200-day moving average is $4.03. The company’s market capitalization is $51.89 million.
Imprimis Pharmaceuticals (NASDAQ:IMMY) last released its quarterly earnings data on Monday, August 15th. The specialty pharmaceutical company reported ($0.35) earnings per share for the quarter. The business earned $4.90 million during the quarter, compared to analyst estimates of $4.53 million. On average, equities research analysts predict that Imprimis Pharmaceuticals Inc. will post ($0.94) earnings per share for the current fiscal year.
Imprimis Pharmaceuticals, Inc (Imprimis) is engaged in the development, production and dispensing of compounded pharmaceuticals. The Company operates through the business of developing drug therapies and providing such therapies through sterile and non-sterile pharmaceutical compounding services segment.
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