Opiant Pharmaceuticals, Inc. (OPNT) Downgraded by ValuEngine

ValuEngine cut shares of Opiant Pharmaceuticals, Inc. (NASDAQ:OPNT) from a strong-buy rating to a buy rating in a report released on Friday morning.

Separately, TheStreet raised Opiant Pharmaceuticals from a c+ rating to a b rating in a research report on Monday, October 16th.

Opiant Pharmaceuticals (NASDAQ OPNT) traded down 0.03% during trading on Friday, hitting $36.58. The stock had a trading volume of 74,566 shares. The firm has a market cap of $74.51 million, a price-to-earnings ratio of 12.44 and a beta of -0.94. Opiant Pharmaceuticals has a 1-year low of $5.00 and a 1-year high of $51.90. The firm’s 50 day moving average is $35.94 and its 200 day moving average is $17.87.

Opiant Pharmaceuticals (NASDAQ:OPNT) last issued its earnings results on Friday, October 13th. The technology company reported ($0.17) EPS for the quarter, beating analysts’ consensus estimates of ($0.87) by $0.70. Opiant Pharmaceuticals had a return on equity of 278.86% and a net margin of 35.68%. The firm had revenue of $3.77 million for the quarter. On average, analysts anticipate that Opiant Pharmaceuticals will post $0.50 earnings per share for the current year.

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About Opiant Pharmaceuticals

Opiant Pharmaceuticals, Inc, formerly Lightlake Therapeutics, Inc, is a specialty pharmaceutical company. The Company develops pharmacological treatments for substance use, addictive and eating disorders. The Company has developed NARCAN (naloxone hydrochloride) Nasal Spray, a treatment to reverse opioid overdoses, which was conceived, licensed, developed and approved by the United States Food and Drug Administration (FDA).

To view ValuEngine’s full report, visit ValuEngine’s official website.

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