$30,000.00 in Sales Expected for Biopharmx Corp (BPMX) This Quarter

Equities research analysts predict that Biopharmx Corp (NYSE:BPMX) will report $30,000.00 in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Biopharmx Corp’s earnings, with the highest sales estimate coming in at $40,000.00 and the lowest estimate coming in at $10,000.00. Biopharmx Corp also posted sales of $30,000.00 in the same quarter last year. The company is scheduled to announce its next earnings results on Tuesday, June 13th.

On average, analysts expect that Biopharmx Corp will report full-year sales of $30,000.00 for the current fiscal year, with estimates ranging from $30,000.00 to $3 million. For the next fiscal year, analysts anticipate that the business will post sales of $6.74 million per share, with estimates ranging from $50,000.00 to $20 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Biopharmx Corp.

Several equities analysts recently commented on the stock. ValuEngine upgraded shares of Biopharmx Corp from a “strong sell” rating to a “sell” rating in a report on Wednesday. Roth Capital set a $3.00 price target on shares of Biopharmx Corp and gave the company a “buy” rating in a report on Thursday, February 9th.

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Biopharmx Corp (NYSE:BPMX) traded down 5.3420% on Friday, reaching $0.6255. The company had a trading volume of 2,129,655 shares. The stock’s 50 day moving average price is $0.63 and its 200-day moving average price is $0.47. Biopharmx Corp has a 12-month low of $0.19 and a 12-month high of $1.22. The stock’s market capitalization is $42.36 million.

Biopharmx Corp Company Profile

BioPharmX Corporation is a specialty pharmaceutical company. The Company is focused on utilizing its drug delivery technologies to develop and commercialize prescription and over-the-counter (OTC) products that address markets in women’s health and dermatology. Its portfolio of product candidates includes two clinical stage product candidates: BPX01, which is a topical antibiotic for the treatment of acne based on a formulation of minocycline, and BPX03, which is a molecular iodine (I2) tablet for the treatment of benign breast pain associated with fibrocystic breast condition (FBC) and cyclic mastalgia.

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