Biostage (OTCMKTS:BSTG) posted its quarterly earnings data on Tuesday. The company reported ($0.37) earnings per share (EPS) for the quarter, Bloomberg Earnings reports.
OTCMKTS:BSTG opened at $2.30 on Friday. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.03. Biostage has a 52-week low of $0.75 and a 52-week high of $3.75. The stock has a 50-day simple moving average of $2.25 and a 200 day simple moving average of $2.40.
Separately, ValuEngine upgraded Biostage from a “hold” rating to a “buy” rating in a report on Thursday, August 1st.
Biostage, Inc, a biotechnology company, engages in developing bioengineered organ implants based on its Cellframe technology. The company's Cellframe technology combines a proprietary biocompatible scaffold with a patient's own stem cells to create Cellspan organ implants. It is developing bioengineered organ implants, which addresses the damage of the esophagus, bronchus, and trachea due to cancer, infection, trauma, or congenital abnormalities.
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