MiNK Therapeutics (NASDAQ:INKT – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported ($0.62) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.50) by ($0.12), Zacks reports.
MiNK Therapeutics Price Performance
Shares of NASDAQ INKT opened at $8.52 on Tuesday. The business’s 50-day moving average price is $8.93 and its two-hundred day moving average price is $7.74. MiNK Therapeutics has a one year low of $4.56 and a one year high of $19.00. The company has a market capitalization of $33.76 million, a P/E ratio of -2.18 and a beta of 0.16.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright lifted their price target on MiNK Therapeutics from $9.00 to $35.00 and gave the company a “buy” rating in a report on Tuesday, February 25th.
About MiNK Therapeutics
MiNK Therapeutics, Inc, a clinical stage biopharmaceutical company, engages in the discovery, development, and commercialization of allogeneic, off-the-shelf, invariant natural killer T (iNKT) cell therapies to treat cancer and other immune-mediated diseases. Its product candidate is AGENT-797, an off-the-shelf, allogeneic for iNKT cell therapy and treatment of various myeloma diseases and solid tumours, which is in Phase 1 clinical trials.
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