Nephros (NASDAQ:NEPH) Releases Quarterly Earnings Results

Nephros (NASDAQ:NEPH) issued its earnings results on Monday. The company reported $0.03 earnings per share (EPS) for the quarter, Zacks reports. Nephros had a negative net margin of 6.86% and a negative return on equity of 11.39%.

Nephros Trading Up 2.9 %

Shares of NEPH traded up $0.05 during mid-day trading on Monday, reaching $1.60. The company’s stock had a trading volume of 2,897 shares, compared to its average volume of 12,725. Nephros has a 1-year low of $1.36 and a 1-year high of $2.55. The business has a 50-day simple moving average of $1.56 and a two-hundred day simple moving average of $1.57. The stock has a market cap of $16.82 million, a P/E ratio of -17.72 and a beta of 1.19.

Nephros Company Profile

Nephros, Inc, a commercial-stage company, develops and sells water solutions to the medical and commercial markets in the United States. It offers ultrafiltration products that are used in dialysis centers for the removal of biological contaminants from water and bicarbonate concentrate; and in hospitals for the prevention of infection from waterborne pathogens, such as legionella and pseudomonas, as well as in military and outdoor recreation, commercial, and other healthcare facilities.