Auris Medical (NASDAQ:EARS) Posts Earnings Results, Beats Expectations By $0.06 EPS

Auris Medical (NASDAQ:EARS) announced its quarterly earnings data on Tuesday, November 28th. The biotechnology company reported ($0.14) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.20) by $0.06, Briefing.com reports.

Auris Medical (EARS) traded down $0.01 during midday trading on Thursday, reaching $0.39. 354,111 shares of the company’s stock traded hands, compared to its average volume of 479,755. The company has a debt-to-equity ratio of -14.04, a quick ratio of 1.86 and a current ratio of 1.86. Auris Medical has a fifty-two week low of $0.38 and a fifty-two week high of $1.50.

Separately, Zacks Investment Research raised shares of Auris Medical from a “hold” rating to a “buy” rating and set a $0.75 price objective for the company in a research note on Wednesday, August 30th.

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Auris Medical Company Profile

Auris Medical Holding AG is a holding and clinical-stage biopharmaceutical company focused on the development of products for the treatment of inner ear disorders. Its advanced product candidate, AM-101, is in Phase III clinical development for acute inner ear tinnitus under a special protocol assessment (SPA) from the United States Food and Drug Administration.

Earnings History for Auris Medical (NASDAQ:EARS)

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