Daré Bioscience (NASDAQ:DARE) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Daré Bioscience (NASDAQ:DAREGet Free Report) issued its quarterly earnings results on Monday. The biotechnology company reported ($0.64) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.66) by $0.02, Zacks reports.

Daré Bioscience Stock Performance

NASDAQ:DARE traded up $0.01 during trading hours on Monday, hitting $2.89. The company’s stock had a trading volume of 20,264 shares, compared to its average volume of 45,555. Daré Bioscience has a 52-week low of $2.67 and a 52-week high of $7.56. The business’s 50-day moving average is $3.07 and its two-hundred day moving average is $3.29. The company has a market capitalization of $25.14 million, a PE ratio of -4.89 and a beta of 1.38.

Analysts Set New Price Targets

Separately, HC Wainwright reaffirmed a “buy” rating and issued a $12.00 price objective on shares of Daré Bioscience in a report on Tuesday, December 17th.

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Daré Bioscience Company Profile

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Daré Bioscience, Inc, a biopharmaceutical company, identifies, develops, and markets products for women's health in the United States. It develops therapies in the areas of contraception, reproductive health, menopause, fertility, and sexual and vaginal health. The company offers XACIATO for the treatment of bacterial vaginosis in female patients 12 years of age and older.

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Earnings History for Daré Bioscience (NASDAQ:DARE)

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