Hemispherx BioPharma (HEB) Shares Gap Down to $0.12

Hemispherx BioPharma, Inc (NYSEAMERICAN:HEB) gapped down before the market opened on Friday . The stock had previously closed at $0.11, but opened at $0.12. Hemispherx BioPharma shares last traded at $0.11, with a volume of 6455452 shares traded.

Separately, Ascendiant Capital Markets set a $1.00 price objective on shares of Hemispherx BioPharma and gave the company a “buy” rating in a research report on Friday, May 17th.

Hemispherx BioPharma (NYSEAMERICAN:HEB) last released its quarterly earnings data on Thursday, May 16th. The specialty pharmaceutical company reported ($0.07) earnings per share for the quarter.

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About Hemispherx BioPharma (NYSEAMERICAN:HEB)

Hemispherx Biopharma, Inc, a specialty pharmaceutical company, engages in the clinical development of drug therapies based on natural immune system enhancing technologies for the treatment of viral and immune based chronic disorders in the United States. The company's products include Alferon N Injection, an injectable formulation of natural alpha interferon to treat a category of genital warts, a sexually transmitted disease; and Ampligen for the treatment of chronic fatigue syndrome (CFS).

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