Tonix Pharmaceuticals (TNXP) Sets New 12-Month Low at $3.34
Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) hit a new 52-week low during trading on Thursday . The company traded as low as $3.34 and last traded at $3.42, with a volume of 6948 shares. The stock had previously closed at $4.22.
The stock has a market capitalization of $4.47 million, a P/E ratio of -0.10 and a beta of 1.30.
Tonix Pharmaceuticals (NASDAQ:TNXP) last announced its quarterly earnings data on Friday, November 9th. The company reported ($5.70) EPS for the quarter, topping the Zacks’ consensus estimate of ($6.10) by $0.40. Analysts anticipate that Tonix Pharmaceuticals Holding Corp will post -23.5 earnings per share for the current fiscal year.
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About Tonix Pharmaceuticals (NASDAQ:TNXP)
Tonix Pharmaceuticals Holding Corp., a clinical-stage biopharmaceutical company, focuses on discovering and developing pharmaceutical products to treat serious neuropsychiatric conditions and to improve biodefense. Its lead product candidate is TNX-102 SL or Tonmya that is designed as a bedtime administration for posttraumatic stress disorder (PTSD), which is in Phase 3 study in the military-related PTSD population.
Further Reading: Price to Earnings Ratio (PE), For Valuing Stocks
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