
Medicenna Therapeutics Corp. (OTCMKTS:MDNAF – Free Report) – HC Wainwright increased their FY2027 earnings per share estimates for Medicenna Therapeutics in a report released on Thursday, August 20th. HC Wainwright analyst S. Ramakanth now anticipates that the company will post earnings per share of ($0.15) for the year, up from their prior estimate of ($0.17). The consensus estimate for Medicenna Therapeutics’ current full-year earnings is ($0.17) per share. HC Wainwright also issued estimates for Medicenna Therapeutics’ FY2028 earnings at ($0.14) EPS, FY2029 earnings at ($0.12) EPS and FY2030 earnings at $0.10 EPS.
Medicenna Therapeutics Stock Up 8.4%
MDNAF opened at $0.34 on Monday. The firm has a market capitalization of $31.35 million, a P/E ratio of -2.12 and a beta of 1.78. The firm’s 50 day moving average is $0.28 and its 200-day moving average is $0.41. Medicenna Therapeutics has a 52-week low of $0.23 and a 52-week high of $1.43.
Medicenna Therapeutics Company Profile
Medicenna Therapeutics Corp. is a clinical-stage biopharmaceutical company focused on developing next-generation cytokine-based immunotherapies for cancer and central nervous system disorders. The company applies protein-engineering approaches to create engineered cytokine therapeutics designed to enhance anti-tumor activity while reducing systemic toxicity, aiming to broaden the therapeutic window for immunomodulatory agents.
Medicenna’s pipeline includes proprietary candidates such as MDNA55, an engineered interleukin-4 (IL-4) receptor-targeted fusion protein developed for intratumoral treatment of recurrent glioblastoma and other brain tumors, and MDNA11, a long-acting engineered interleukin-2 (IL-2) “superkine” intended to stimulate anti-tumor immune responses in solid tumors with an improved safety profile.
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