Ikena Oncology (NASDAQ:IKNA) Issues Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Ikena Oncology (NASDAQ:IKNAGet Free Report) announced its quarterly earnings data on Tuesday. The company reported ($0.18) EPS for the quarter, beating analysts’ consensus estimates of ($0.23) by $0.05, Zacks reports.

Ikena Oncology Stock Up 0.7 %

Shares of IKNA opened at $1.39 on Thursday. The company has a market capitalization of $67.08 million, a PE ratio of -1.13 and a beta of 0.49. Ikena Oncology has a 52-week low of $1.22 and a 52-week high of $1.94. The company has a 50-day simple moving average of $1.47 and a 200-day simple moving average of $1.61.

Analyst Ratings Changes

Separately, Wedbush reissued a “neutral” rating and set a $2.00 target price on shares of Ikena Oncology in a research note on Monday, December 23rd.

View Our Latest Stock Report on IKNA

Ikena Oncology Company Profile

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Ikena Oncology, Inc operates as an oncology company that develops differentiated therapies for patients in need that target nodes of cancer growth, spread, and therapeutic resistance in the United States. Its lead program is IK-930, an internally discovered, oral, TEAD1-selective, small molecule inhibitor of the Hippo pathway.

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Earnings History for Ikena Oncology (NASDAQ:IKNA)

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