Shares of Agile Therapeutics Inc (NASDAQ:AGRX) gapped up prior to trading on Friday following a stronger than expected earnings report. The stock had previously closed at $0.90, but opened at $0.92. Agile Therapeutics shares last traded at $1.05, with a volume of 7087613 shares traded.
The specialty pharmaceutical company reported ($0.11) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.15) by $0.04.
A number of analysts recently commented on AGRX shares. HC Wainwright set a $4.00 price objective on Agile Therapeutics and gave the stock a “buy” rating in a research report on Tuesday, October 9th. ValuEngine upgraded Agile Therapeutics from a “sell” rating to a “hold” rating in a research report on Friday, August 3rd. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $4.00.
The firm has a market capitalization of $36.10 million, a PE ratio of -1.15 and a beta of -0.95.
Agile Therapeutics Company Profile (NASDAQ:AGRX)
Agile Therapeutics, Inc, a women's healthcare company, focuses on the development and commercialization of prescription contraceptive products for women. Its lead product candidate is Twirla, also known as AG200-15, a once-weekly prescription combination hormonal contraceptive patch, which completed Phase III clinical trials.
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