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Medicus Pharma missed Q2 earnings estimates, reporting a $0.65 loss per share, with stock at $2.20 on Nov. 14.
Medicus Pharma (NASDAQ:MDCX) reported a second-quarter loss of $0.65 per share, missing estimates by $0.27, with revenue of $4.71 million.
The stock closed at $2.20 on November 14, down $0.06, below its 50-day and 200-day moving averages.
Despite a negative P/E ratio and market cap of $39.20 million, analysts maintain a "Moderate Buy" consensus with a $23.50 average price target, though one firm raised its target to $27.00.
The company continues to focus on advancing novel therapeutics in the biotech sector.
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Medicus Pharma no cumplió con las estimaciones de ganancias del segundo trimestre, reportando una pérdida de $0.65 por acción, con acciones a $2.20 el 14 de noviembre.