Vistagen Therapeutics (NASDAQ:VTGN) posted its quarterly earnings results on Thursday. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.08), Fidelity Earnings reports.
Shares of VTGN opened at $0.65 on Friday. The stock’s 50-day simple moving average is $0.72 and its 200 day simple moving average is $0.79. The company has a debt-to-equity ratio of 2.44, a current ratio of 1.14 and a quick ratio of 1.14. Vistagen Therapeutics has a 52-week low of $0.29 and a 52-week high of $1.66.
Hedge funds and other institutional investors have recently modified their holdings of the business. Wells Fargo & Company MN bought a new position in shares of Vistagen Therapeutics in the second quarter valued at approximately $31,000. Virtu Financial LLC bought a new stake in Vistagen Therapeutics during the 3rd quarter worth approximately $65,000. D.A. Davidson & CO. lifted its stake in Vistagen Therapeutics by 27.3% in the 3rd quarter. D.A. Davidson & CO. now owns 105,000 shares of the company’s stock worth $112,000 after purchasing an additional 22,500 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in Vistagen Therapeutics by 3.1% in the 2nd quarter. Vanguard Group Inc. now owns 1,196,181 shares of the company’s stock worth $868,000 after purchasing an additional 35,729 shares in the last quarter. Institutional investors and hedge funds own 8.57% of the company’s stock.
Vistagen Therapeutics Company Profile
VistaGen Therapeutics, Inc, a clinical-stage biopharmaceutical company, engages in developing and commercializing medicines for depression and other central nervous system (CNS) disorders. The company's lead product candidate is AV-101, which is in Phase II development stage, an adjunctive treatment used for major depressive disorder.
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