IntelGenx Technologies Corp. (NASDAQ:IGXT) Issues Earnings Results, Meets Estimates

IntelGenx Technologies Corp. (NASDAQ:IGXT) issued its earnings results on Thursday. The company reported ($0.01) earnings per share for the quarter, meeting the Zacks’ consensus estimate of ($0.01), Morningstar.com reports. The firm had revenue of $1.13 million during the quarter, compared to analyst estimates of $1.17 million.

IntelGenx Technologies Corp. (NASDAQ:IGXT) opened at 0.805 on Friday. The firm has a 50-day moving average price of $0.89 and a 200 day moving average price of $0.79. The stock’s market capitalization is $52.66 million. IntelGenx Technologies Corp. has a 52-week low of $0.55 and a 52-week high of $1.09.

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Separately, Zacks Investment Research raised IntelGenx Technologies Corp. from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th.

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