Aptose Biosciences, Inc. (APTO) Releases Quarterly Earnings Results, Beats Expectations By $0.07 EPS

Aptose Biosciences, Inc. (NASDAQ:APTO) (TSE:APS) released its earnings results on Tuesday, August 8th. The biotechnology company reported ($0.11) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.18) by $0.07, Morningstar.com reports.

Shares of Aptose Biosciences (NASDAQ:APTO) traded down 2.01% during trading on Friday, hitting $1.46. The company had a trading volume of 110,358 shares. Aptose Biosciences has a 52 week low of $0.78 and a 52 week high of $3.20. The company’s market capitalization is $35.08 million. The stock’s 50-day moving average price is $1.48 and its 200 day moving average price is $1.19.

Several research analysts have recently commented on APTO shares. Zacks Investment Research raised Aptose Biosciences from a “hold” rating to a “buy” rating and set a $1.50 price objective for the company in a report on Monday, August 14th. HC Wainwright started coverage on Aptose Biosciences in a research note on Thursday, June 8th. They issued a “hold” rating for the company. ValuEngine raised Aptose Biosciences from a “strong sell” rating to a “sell” rating in a research note on Wednesday, July 12th. Rodman & Renshaw began coverage on Aptose Biosciences in a research note on Thursday, June 8th. They issued a “neutral” rating for the company. Finally, Canaccord Genuity reiterated a “buy” rating and issued a $7.00 price objective on shares of Aptose Biosciences in a research report on Friday, May 12th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $7.13.

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Aptose Biosciences Company Profile

Aptose Biosciences Inc (Aptose) is a clinical-stage biotechnology company. The Company is engaged in the development of anticancer drugs that target specific epigenetic processes and signal transduction abnormalities that underlie a particular life-threatening malignancy. Its product pipeline includes cancer drug candidates that exert activity as stand-alone agents and that enhance the activities of other anticancer agents without causing overlapping toxicities.

Earnings History for Aptose Biosciences (NASDAQ:APTO)

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