Y-mAbs Therapeutics (NASDAQ:YMAB) announced its earnings results on Wednesday. The company reported ($0.53) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.48) by ($0.05), Fidelity Earnings reports.
YMAB stock opened at $26.45 on Friday. The company has a market capitalization of $882.88 million and a PE ratio of -17.63. Y-mAbs Therapeutics has a one year low of $15.17 and a one year high of $31.00. The company’s 50 day moving average price is $23.04 and its two-hundred day moving average price is $22.74. The company has a debt-to-equity ratio of 0.02, a quick ratio of 13.30 and a current ratio of 13.30.
In other Y-mAbs Therapeutics news, insider Thomas Gad sold 4,000 shares of Y-mAbs Therapeutics stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $21.78, for a total transaction of $87,120.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders have sold 30,000 shares of company stock worth $646,500 over the last three months. Insiders own 38.40% of the company’s stock.
Y-mAbs Therapeutics Company Profile
Y-mAbs Therapeutics, Inc, a clinical-stage biopharmaceutical company, focuses on the development and commercialization of novel antibody-based therapeutic products for the treatment cancer in the United States. It is developing naxitamab for the treatment of pediatric patients with relapsed or refractory, high-risk neuroblastoma, as well as other GD2 positive tumors; and omburtamab for the treatment of pediatric patients with central nervous system, leptomeningeal metastases, desmoplastic small round cell tumors, diffuse intrinsic pontine glioma, and other B7-H3 positive tumors.
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