StockNews.com Begins Coverage on Aeterna Zentaris (NASDAQ:AEZS)

StockNews.com initiated coverage on shares of Aeterna Zentaris (NASDAQ:AEZS) (TSE:AEZ) in a research report report published on Monday. The brokerage issued a sell rating on the biopharmaceutical company’s stock.

Aeterna Zentaris Stock Up 1.7 %

Aeterna Zentaris stock opened at $6.42 on Monday. Aeterna Zentaris has a 52-week low of $3.96 and a 52-week high of $12.00. The firm’s fifty day moving average is $5.75 and its 200 day moving average is $7.19. The company has a market cap of $11.50 million, a price-to-earnings ratio of -0.43 and a beta of 1.55.

Aeterna Zentaris (NASDAQ:AEZS) (TSE:AEZ) last announced its earnings results on Tuesday, May 14th. The biopharmaceutical company reported ($4.74) earnings per share (EPS) for the quarter. Aeterna Zentaris had a negative net margin of 760.32% and a negative return on equity of 83.45%.

About Aeterna Zentaris

Aeterna Zentaris Inc, a specialty biopharmaceutical company, engages in developing and commercializing therapeutics and diagnostic tests in Canada, Switzerland, Ireland, Denmark, Germany, the United States, and internationally. Its lead product is Macrilen (macimorelin), an orally available peptidomimetic ghrelin receptor (GHSR-1a) agonist that stimulates the secretion of growth hormone by binding to the GHSR-1a for the diagnosis of patients with adult growth hormone deficiency and childhood-onset growth hormone deficiency, as well as endocrinology and oncology indications; AEZS-150, a delayed clearance parathyroid hormone fusion polypeptide that is in preclinical trial for the treatment of chronic hypoparathyroidism; and AEZS-130 that is in preclinical trial for the treatment of amyotrophic lateral sclerosis.