Marinus Pharmaceuticals, Inc. (MRNS) Announces Earnings Results, Beats Expectations By $0.02 EPS

Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS) released its quarterly earnings results on Tuesday. The biopharmaceutical company reported ($0.15) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.17) by $0.02, Bloomberg Earnings reports.

Shares of Marinus Pharmaceuticals (MRNS) traded up 5.60% on Wednesday, reaching $5.85. The company’s stock had a trading volume of 551,204 shares. The company’s market cap is $152.54 million. The firm has a 50 day moving average of $5.39 and a 200 day moving average of $2.70. Marinus Pharmaceuticals has a 52-week low of $0.82 and a 52-week high of $8.22.

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A number of equities research analysts recently commented on MRNS shares. ValuEngine lowered Marinus Pharmaceuticals from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 13th. JMP Securities reiterated an “outperform” rating and issued a $11.00 price objective (up from $5.00) on shares of Marinus Pharmaceuticals in a research report on Tuesday, September 12th.

Marinus Pharmaceuticals Company Profile

Marinus Pharmaceuticals, Inc is a clinical-stage biopharmaceutical company. The Company focuses on developing and commercializing therapeutics to treat epilepsy and neuropsychiatric disorders. Its clinical-stage product candidate, ganaxolone, is a modulator being developed in various dose forms, including intravenous, oral capsule and oral liquid, intended to provide more treatment options to adult and pediatric patient populations in both acute and chronic care settings.

Earnings History for Marinus Pharmaceuticals (NASDAQ:MRNS)

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