Vivani Medical (VANI) Projected to Post Quarterly Earnings on Tuesday

Vivani Medical (NASDAQ:VANI) will likely be issuing its quarterly earnings data before the market opens on Tuesday, March 25th. Analysts expect the company to announce earnings of ($0.10) per share for the quarter.

Vivani Medical Trading Down 0.9 %

Shares of VANI opened at $1.09 on Monday. The company has a market cap of $64.57 million, a price-to-earnings ratio of -2.42 and a beta of 3.20. Vivani Medical has a 1-year low of $1.03 and a 1-year high of $2.22. The company’s fifty day simple moving average is $1.14 and its 200 day simple moving average is $1.21.

Analysts Set New Price Targets

Separately, HC Wainwright restated a “buy” rating and set a $4.00 target price on shares of Vivani Medical in a report on Thursday, March 13th.

Vivani Medical Company Profile

Vivani Medical, Inc, a clinical stage company, develops various implants that treat chronic diseases with high unmet medical need. It engages in developing a portfolio of miniature drug implants to deliver minimally fluctuating drug profiles; and implantable visual prostheses devices to deliver useful artificial vision to blind individuals.