2 weeks Ago By ABMN Staff
JPMorgan Chase & Co. initiated coverage on shares of Zealand Pharma A/S ( OTCMKTS:ZLDPF – Free Report ) in a research note released on Friday morning, MarketBeat.com reports.
The firm issued an overweight rating on the stock. Zealand Pharma A/S Trading Up 3.5 % ZLDPF opened at $126.
00 on Friday. The company has a current ratio of 35.57, a quick ratio of 35.
57 and a debt-to-equity ratio of 0.03. The company’s 50-day moving average price is $122.
70 and its 200 day moving average price is $116.15. Zealand Pharma A/S has a fifty-two week low of $41.
66 and a fifty-two week high of $141.74. Zealand Pharma A/S ( OTCMKTS:ZLDPF – Get Free Report ) last announced its quarterly earnings results on Thursday, August 15th.
The company reported ($0.67) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.
06). Zealand Pharma A/S had a negative return on equity of 22.95% and a negative net margin of 1,375.
16%. The company had revenue of $4.93 million for the quarter, compared to analyst estimates of $0.
50 million. Equities research analysts predict that Zealand Pharma A/S will post -2.48 EPS for the current fiscal year.
Zealand Pharma A/S Company Profile Zealand Pharma A/S, a biotechnology company, engages in the discovery, development, and commercialization of peptide-based medicines in Denmark. It has a portfolio of medicines focusing on gastrointestinal and metabolic diseases, and other specialty disease areas with unmet medical needs. The company offers Dasiglucagon, a single use syringe or autoinjector for the treatment of severe hypoglycemia; and Dasiglucagon bi-hormone artificial pancreas systems containing insulin and dasiglucagon.
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