Argos Therapeutics, Inc. (ARGS) Shares Gap Up to $0.23
Argos Therapeutics, Inc. (NASDAQ:ARGS)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $0.24, but opened at $0.23. Argos Therapeutics shares last traded at $0.21, with a volume of 3,744,373 shares.
Separately, Zacks Investment Research downgraded Argos Therapeutics from a “hold” rating to a “sell” rating in a research report on Monday, August 14th. One research analyst has rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $3.23.
The firm’s 50-day moving average is $0.23 and its 200-day moving average is $0.51. The stock’s market cap is $11.43 million.
Argos Therapeutics (NASDAQ:ARGS) last announced its quarterly earnings results on Wednesday, August 9th. The biopharmaceutical company reported ($0.21) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.22) by $0.01. The business had revenue of $0.07 million for the quarter, compared to analyst estimates of $0.10 million. Argos Therapeutics had a negative return on equity of 1,532.49% and a negative net margin of 12,391.15%. Analysts expect that Argos Therapeutics, Inc. will post ($1.14) EPS for the current year.
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About Argos Therapeutics
Argos Therapeutics, Inc (Argos) is an immuno-oncology company. The Company is focused on the development and commercialization of individualized immunotherapies for the treatment of cancer and infectious diseases based on its technology platform called Arcelis. The Company’s Arcelis technology platform utilizes biological components from a patient’s own cancer cells or virus to generate individualized immunotherapies.
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