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ptc therapeutics news

Real time PTC Therapeutics (PTCT) stock price quote, stock graph, news & analysis. The company had revenue of $68.30 million during the quarter, compared to analysts’ expectations of $81.90 million. For the next fiscal year, analysts expect that the business will post sales of $538.70 million, with estimates ranging from $435.40 million to $642.00 million. PTC Therapeutics, Inc. (NASDAQ:PTCT)’s stock price dropped 0.9% during trading on Wednesday . PTC Therapeutics reported earnings per share of ($0.66) in the same quarter last year, which would […] All statements contained in this release, other than statements of historic fact, are forward-looking statements, including statements regarding: the future expectations, plans and prospects for PTC, including with respect to the expected timing of clinical trials and studies, availability of data, regulatory submissions and responses and other matters; PTC's strategy, future operations, future financial position, future revenues, projected costs; and the objectives of management. Status: PTC said June 17th the FDA authorized a Phase II/III trial designed to evaluate PTC299 as a COVID-19 treatment. Synovus Financial Corp acquired a new position in shares of PTC Therapeutics during the 1st quarter worth approximately $27,000. Latest news headlines for Ptc Therapeutics with market analysis and analyst commentary. PTC Therapeutics had a negative net margin of 90.83% and a negative return on equity of 46.42%. First Mercantile Trust Co. raised its stake in shares of PTC Therapeutics by 92.9% during the 1st quarter. The biopharmaceutical company reported ($1.81) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.00) by ($0.81). PTCT has been the […] A decline of 97% from the average daily volume of 644,122 shares. PTC Therapeutics (PTCT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. PTC Therapeutics, Inc. Jul 08, 2020, 08:00 ET. The company offers Translarna (ataluren) and Emflaza (deflazacort) for the treatment of nonsense mutation Duchenne muscular dystrophy in ambulatory patients.Morgan Stanley Has $1.71 Million Stake in Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) in a research note on Monday, July 20th. Finally, Focused Wealth Management Inc raised its stake in shares of PTC Therapeutics by 33.3% during the 1st quarter. Five analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Equities research analysts expect PTC Therapeutics, Inc. (NASDAQ:PTCT) to post ($1.29) earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Cantor Fitzgerald decreased their target price on PTC Therapeutics from $86.00 to $85.00 and set an “overweight” rating for the company in a report on Wednesday, April 8th. Find the latest news headlines from PTC Therapeutics, Inc. Common Stock (PTCT) at Nasdaq.com. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for PTC Therapeutics.PTC Therapeutics, Inc, a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines for the treatment of rare disorders. The stock traded as low as $47.44 and last traded at $47.67, approximately 17,140 shares traded hands during trading. Get prepared with the key expectations. The stock had previously closed at $48.12. Two analysts have made estimates for PTC Therapeutics’ earnings, with estimates ranging from ($1.52) to ($0.95). Credit Suisse Group lowered PTC Therapeutics from an “outperform” rating to a “neutral” rating and set a $53.00 price target on the stock. SOUTH PLAINFIELD, N.J., May 6, 2020 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that it has entered into an agreement to acquire Censa Pharmaceuticals, Inc., a biopharmaceutical company focused on the development of CNSA-001 (sepiapterin), a clinical-stage investigational therapy for orphan metabolic diseases, including phenylketonuria (PKU) and other … Citizens Financial Group Inc RI acquired a new position in shares of PTC Therapeutics during the 1st quarter worth approximately $33,000. You are urged to carefully consider all such factors.The forward-looking statements contained herein represent PTC's views only as of the date of this press release and PTC does not undertake or plan to update or revise any such forward-looking statements to reflect actual results or changes in plans, prospects, assumptions, estimates or projections, or other circumstances occurring after the date of this press release except as required by law.More news releases in similar topicsAs with any pharmaceutical under development, there are significant risks in the development, regulatory approval and commercialization of new products.

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