Bio-Path Holdings Inc (NASDAQ:BPTH) traded up 2.2% on Tuesday . The company traded as high as $0.20 and last traded at $0.20. 635,533 shares were traded during mid-day trading, a decline of 26% from the average session volume of 853,456 shares. The stock had previously closed at $0.20.
A number of equities research analysts have recently weighed in on the stock. ValuEngine upgraded shares of Bio-Path from a “strong sell” rating to a “sell” rating in a report on Friday, February 2nd. HC Wainwright restated a “buy” rating and issued a $1.50 price objective (down from $4.50) on shares of Bio-Path in a report on Monday, November 13th. Finally, reduced their price objective on shares of Bio-Path from $4.50 to $1.50 and set a “buy” rating on the stock in a report on Wednesday, November 15th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $1.67.
Bio-Path (NASDAQ:BPTH) last announced its quarterly earnings data on Thursday, November 9th. The company reported ($0.02) earnings per share for the quarter, meeting the Zacks’ consensus estimate of ($0.02). sell-side analysts forecast that Bio-Path Holdings Inc will post -0.08 EPS for the current year.
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Bio-Path Company Profile
Bio-Path Holdings, Inc is a clinical and preclinical stage oncology focused antisense drug development company. The Company utilizes a technology that achieves systemic delivery for target specific protein inhibition for any gene product that is over-expressed in disease. Its drug delivery and antisense technology, DNAbilize, is a platform that uses P-ethoxy, a deoxyribonucleic acid backbone modification.
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