Newron Pharmaceuticals (OTCMKTS:NWPHF) Lifted to Hold at Zacks Investment Research

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Newron Pharmaceuticals (OTCMKTS:NWPHF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Saturday, Zacks.com reports.

According to Zacks, “Newron Pharmaceuticals SpA is a biopharmaceutical company. It focuses on the discovery and development of drugs for the treatment of central nervous system disorders and pain primarily in Italy and internationally. Newron Pharmaceuticals SpA is headquartered in Bresso, Italy. “

OTCMKTS:NWPHF opened at $7.50 on Friday. Newron Pharmaceuticals has a 12-month low of $6.55 and a 12-month high of $7.50. The firm has a market capitalization of $133.83 million, a P/E ratio of -7.58 and a beta of 0.21. The stock’s fifty day simple moving average is $7.50 and its 200-day simple moving average is $8.29.

Newron Pharmaceuticals Company Profile

Newron Pharmaceuticals S.p.A., a clinical stage biopharmaceutical company, focuses on the research and development, manufacture, and distribution of therapies for the treatment of central and peripheral nervous system in Italy and internationally. The company offers Xadago (safinamide) for the treatment of Parkinson's disease.

Further Reading: Correction

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