Medicus Pharma (NASDAQ:MDCX) Releases Earnings Results, Beats Expectations By $0.14 EPS

Medicus Pharma (NASDAQ:MDCXGet Free Report) issued its quarterly earnings data on Friday. The company reported ($0.18) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.32) by $0.14, Zacks reports.

Medicus Pharma Price Performance

NASDAQ MDCX opened at $3.13 on Friday. The company has a 50 day simple moving average of $3.21. Medicus Pharma has a 1-year low of $1.80 and a 1-year high of $6.00.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Brookline Capital Management upgraded shares of Medicus Pharma to a “strong-buy” rating in a report on Monday, December 23rd. Maxim Group started coverage on Medicus Pharma in a research report on Tuesday, December 17th. They set a “buy” rating and a $10.00 price target on the stock.

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About Medicus Pharma

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Medicus Pharma Ltd is a biotech/life sciences company focused on accelerating the clinical development programs of novel and disruptive therapeutics assets. Medicus Pharma Ltd is based in Toronto, Ontario.

Further Reading

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