Zosano Pharma Corporation (NASDAQ:ZSAN) released its quarterly earnings results on Thursday. The biotechnology company reported ($0.17) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.15) by $0.02, Bloomberg Earnings reports. During the same period in the prior year, the company earned ($0.54) EPS.

Shares of Zosano Pharma Corporation (NASDAQ:ZSAN) traded down 5.05% during trading on Thursday, hitting $0.94. 609,833 shares of the company’s stock were exchanged. Zosano Pharma Corporation has a one year low of $0.45 and a one year high of $3.54. The stock’s market cap is $36.85 million. The firm has a 50-day moving average price of $1.30 and a 200-day moving average price of $1.58.

Separately, ValuEngine raised shares of Zosano Pharma Corporation from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 6th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $2.58.

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In other news, CFO Georgia Erbez acquired 68,000 shares of Zosano Pharma Corporation stock in a transaction that occurred on Thursday, May 25th. The stock was purchased at an average price of $1.32 per share, for a total transaction of $89,760.00. Following the purchase, the chief financial officer now directly owns 115,750 shares in the company, valued at approximately $152,790. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John Peter Walker acquired 73,716 shares of Zosano Pharma Corporation stock in a transaction that occurred on Thursday, May 25th. The shares were purchased at an average price of $1.36 per share, with a total value of $100,253.76. Following the purchase, the chief executive officer now owns 169,344 shares in the company, valued at $230,307.84. The disclosure for this purchase can be found here. Insiders own 2.95% of the company’s stock.

Zosano Pharma Corporation Company Profile

Zosano Pharma Corporation is a clinical-stage specialty pharmaceutical company. The Company has developed a transdermal microneedle patch system to deliver its formulations of existing drugs through the skin for the treatment of a range of indications. Its microneedle patch system offers consistent drug delivery and improved ease of use and room-temperature stability.

Earnings History for Zosano Pharma Corporation (NASDAQ:ZSAN)

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