BioLineRx Ltd. (NASDAQ:BLRX – Get Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $2.88 and traded as high as $3.29. BioLineRx shares last traded at $3.28, with a volume of 4,860 shares.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of BioLineRx in a research report on Monday, April 20th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold”.
View Our Latest Stock Analysis on BioLineRx
BioLineRx Stock Performance
BioLineRx (NASDAQ:BLRX – Get Free Report) last released its earnings results on Wednesday, May 27th. The biotechnology company reported ($0.36) earnings per share for the quarter, beating the consensus estimate of ($1.04) by $0.68. The company had revenue of $0.48 million for the quarter, compared to analysts’ expectations of $0.34 million. BioLineRx had a negative return on equity of 37.73% and a negative net margin of 563.70%.
About BioLineRx
BioLineRx (NASDAQ: BLRX) is a clinical-stage biopharmaceutical company that discovers and develops novel small-molecule therapies to address unmet medical needs. The company focuses on identifying promising drug candidates through licensing and collaboration agreements with academic institutions and biotech innovators, then advancing these candidates through preclinical and clinical development stages. BioLineRx’s pipeline spans oncology, immunology and inflammatory diseases, central nervous system disorders and pain management.
Among its clinical programs, BioLineRx is advancing targeted cancer therapies designed to improve outcomes for patients with difficult-to-treat tumors.
Recommended Stories
- Five stocks we like better than BioLineRx
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
Receive News & Ratings for BioLineRx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BioLineRx and related companies with MarketBeat.com's FREE daily email newsletter.
