Kitov Pharmaceuticals Holdings Ltd (KTOV) Expected to Announce Earnings of -$0.21 Per Share

Equities research analysts predict that Kitov Pharmaceuticals Holdings Ltd (NASDAQ:KTOV) will report earnings of ($0.21) per share for the current quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Kitov Pharmaceuticals Holdings’ earnings. The company is scheduled to announce its next quarterly earnings results on Monday, January 1st.

According to Zacks, analysts expect that Kitov Pharmaceuticals Holdings will report full year earnings of ($0.40) per share for the current year. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that follow Kitov Pharmaceuticals Holdings.

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An institutional investor recently raised its position in Kitov Pharmaceuticals Holdings stock. Menta Capital LLC boosted its stake in Kitov Pharmaceuticals Holdings Ltd (NASDAQ:KTOV) by 34.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,619 shares of the company’s stock after buying an additional 21,138 shares during the period. Menta Capital LLC owned about 1.08% of Kitov Pharmaceuticals Holdings worth $257,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 6.54% of the company’s stock.

Kitov Pharmaceuticals Holdings (NASDAQ:KTOV) opened at 1.72 on Monday. The stock’s market cap is $13.18 million. The stock has a 50 day moving average price of $1.90 and a 200 day moving average price of $2.56. Kitov Pharmaceuticals Holdings has a 52-week low of $1.51 and a 52-week high of $5.34.

Kitov Pharmaceuticals Holdings Company Profile

Kitov Pharmaceuticals Holdings Ltd is an Israel-based company that develops non-steroidal anti-inflammatory drugs that treat pain without raising blood pressure, thus avoiding the increased risk of heart attacks, strokes or death.

12 Month Chart for NASDAQ:KTOV

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