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H.C. Wainwright downgrades Alaunos Therapeutics (TCRT) to a Hold
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H.C. Wainwright downgrades Alaunos Therapeutics (TCRT) to a Hold

Alaunos Therapeutics (TCRTResearch Report) received a Hold rating and price target from H.C. Wainwright analyst Swayampakula Ramakanth today. The company’s shares closed yesterday at $0.14.

According to TipRanks, Ramakanth is an analyst with an average return of -22.3% and a 21.24% success rate. Ramakanth covers the Healthcare sector, focusing on stocks such as Affimed, Delcath Systems, and ImmunoGen.

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

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Based on Alaunos Therapeutics’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $4 thousand and a GAAP net loss of $8.77 million. In comparison, last year the company had a GAAP net loss of $9.93 million

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ZIOPHARM Oncology, Inc. is a biopharmaceutical company, which engages in the development, acquisition, and commercialization of a diverse portfolio of cancer therapies. It focuses on developing products in immuno-oncology that employ novel gene expression, control, and cell technologies for the treatment of cancer. The company was founded on September 9, 2003 and is headquartered in Boston, MA.

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