Surface Oncology Inc (NASDAQ:SURF)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $7.69 and last traded at $8.01, with a volume of 9341 shares. The stock had previously closed at $8.61.
SURF has been the subject of a number of recent analyst reports. Cowen reissued a “buy” rating on shares of Surface Oncology in a report on Tuesday, August 14th. Zacks Investment Research raised Surface Oncology from a “sell” rating to a “hold” rating in a report on Friday, October 5th. Finally, Robert W. Baird initiated coverage on Surface Oncology in a report on Tuesday, September 18th. They issued an “outperform” rating and a $23.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $20.25.
Surface Oncology (NASDAQ:SURF) last issued its quarterly earnings data on Tuesday, August 14th. The company reported ($0.73) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.76) by $0.03. The business had revenue of $2.43 million during the quarter. Analysts anticipate that Surface Oncology Inc will post -2.38 EPS for the current fiscal year.
About Surface Oncology (NASDAQ:SURF)
Surface Oncology, Inc, a clinical-stage immuno-oncology company, engages in the development of cancer therapies. The company's lead product candidate is the SRF231 that is in Phase I clinical trial targeting protein called cluster of differentiation (CD) 47. It is also developing SRF373 inhibiting CD73; SRF617 inhibiting CD39; and SRF388, an antibody targeting interleukin 27.
Recommended Story: Short Selling
Receive News & Ratings for Surface Oncology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Surface Oncology and related companies with MarketBeat.com's FREE daily email newsletter.