H.C. Wainwright analyst Joseph Pantginis maintained a Hold rating on Humanigen (HGEN – Research Report) today. The company’s shares closed yesterday at $0.22.
According to TipRanks, Pantginis is an analyst with an average return of -20.0% and a 26.30% success rate. Pantginis covers the Healthcare sector, focusing on stocks such as Humanigen, Astria Therapeutics, and Celldex.
The word on The Street in general, suggests a Hold analyst consensus rating for Humanigen with a $1.50 average price target.
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Based on Humanigen’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.04 million and a GAAP net loss of $30.15 million. In comparison, last year the company earned a revenue of $1.04 million and had a GAAP net loss of $70.8 million
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Humanigen, Inc. is a clinical-stage biopharmaceutical company. It engages in the developing next-generation cell and gene therapies for the treatment of cancers through novel human granulocyte-macrophage colony-stimulating factor (GM-CSF) neutralization and gene-knockout platforms. The company was founded by Jeng-Horng Her & Robert F. Balint on March 15, 2000 and is headquartered in Burlingame, CA.
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