Aptose Biosciences’ (APTO) “Overweight” Rating Reiterated at Cantor Fitzgerald

Aptose Biosciences (NASDAQ:APTOGet Rating) (TSE:APS)‘s stock had its “overweight” rating reissued by investment analysts at Cantor Fitzgerald in a report released on Wednesday, PriceTargets.com reports. Cantor Fitzgerald also issued estimates for Aptose Biosciences’ FY2022 earnings at ($0.45) EPS and FY2023 earnings at ($0.42) EPS.

Separately, StockNews.com started coverage on Aptose Biosciences in a report on Monday. They issued a “hold” rating on the stock.

Aptose Biosciences Price Performance

NASDAQ:APTO opened at $0.61 on Wednesday. The company has a market cap of $55.83 million, a P/E ratio of -0.96 and a beta of 1.48. The stock’s fifty day moving average price is $0.78 and its two-hundred day moving average price is $0.96. Aptose Biosciences has a 1 year low of $0.58 and a 1 year high of $2.78.

Aptose Biosciences (NASDAQ:APTOGet Rating) (TSE:APS) last posted its earnings results on Tuesday, August 2nd. The biotechnology company reported ($0.11) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.02. On average, analysts expect that Aptose Biosciences will post -0.49 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Aptose Biosciences

Institutional investors have recently modified their holdings of the company. Formidable Asset Management LLC bought a new position in shares of Aptose Biosciences during the 1st quarter valued at about $122,000. Annandale Capital LLC bought a new position in shares of Aptose Biosciences during the 1st quarter valued at about $272,000. Toronto Dominion Bank increased its position in shares of Aptose Biosciences by 76.6% during the 1st quarter. Toronto Dominion Bank now owns 50,186 shares of the biotechnology company’s stock valued at $68,000 after purchasing an additional 21,776 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of Aptose Biosciences during the 1st quarter valued at about $27,000. Finally, Voss Capital LLC increased its position in shares of Aptose Biosciences by 27.3% during the 2nd quarter. Voss Capital LLC now owns 700,010 shares of the biotechnology company’s stock valued at $519,000 after purchasing an additional 150,010 shares during the last quarter. 27.16% of the stock is currently owned by institutional investors.

Aptose Biosciences Company Profile

(Get Rating)

Aptose Biosciences Inc, a clinical-stage biotechnology company, discovers and develops personalized therapies addressing unmet medical needs in oncology in Canada. Its lead clinical program is APTO-253, which is a Phase I clinical trial for the treatment of patients with relapsed or refractory hematologic malignancies.

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