THERAPIX BIOSCI/S (TRPX) Sets New 12-Month High at $8.50

THERAPIX BIOSCI/S (NASDAQ:TRPX) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $8.50 and last traded at $8.64, with a volume of 9915 shares trading hands. The stock had previously closed at $6.70.

Separately, ValuEngine upgraded THERAPIX BIOSCI/S from a “hold” rating to a “buy” rating in a research report on Wednesday, October 31st.

The stock has a market cap of $23.43 million, a PE ratio of 4.30 and a beta of -1.90.

THERAPIX BIOSCI/S (NASDAQ:TRPX) last issued its quarterly earnings data on Monday, August 20th. The company reported ($0.35) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.59) by $0.24.

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Therapix Biosciences Ltd., a specialty clinical-stage pharmaceutical company, develops drugs based on cannabinoid molecules. Its drug development programs include THX-110 for the treatment of Tourette syndrome, Obstructive Sleep Apnea, and pain; THX-130 for the treatment of Mild Cognitive Impairment and Traumatic Brain Injury; THX-150 for the treatment of infectious diseases; and THX-160 for the treatment of pain.

Read More: Earnings Per Share (EPS) Explained

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