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H.C. Wainwright downgrades Context Therapeutics (CNTX) to a Hold

Context Therapeutics (CNTXResearch Report) received a Hold rating and price target from H.C. Wainwright analyst Emily Bodnar today. The company’s shares closed yesterday at $0.66.

Bodnar covers the Healthcare sector, focusing on stocks such as Gracell Biotechnologies, NovoCure, and Dice Therapeutics. According to TipRanks, Bodnar has an average return of -19.5% and a 23.75% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Context Therapeutics.

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Based on Context Therapeutics’ latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $3.85 million. In comparison, last year the company had a GAAP net loss of $1.44 million

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Context Therapeutics Inc is a clinical-stage biopharmaceutical company dedicated to improving the lives of women living with cancer. The development team is advancing a pipeline of innovative therapies with a primary focus on treating female, hormone-dependent cancer, including breast, ovarian, and endometrial cancer.

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