ASND has returned -3.1% in the past month. ANEMOMETER- An instrument that measures wind speed. Ascendis Pharma A/S (ASND), another stock in the same industry, closed the last trading session 1.1% higher at $109.69. is part of the Zacks Medical - Biomedical and Genetics industry. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here > The stock currently carries a Zacks Rank #3 (Hold). It enables private companies, independent security researchers, and government agencies to openly collaborate and share the latest information about emerging threats, attack methods, and malicious actors, promoting greater security across the entire community. So, make sure to keep an eye on OMGA going forward to see if this recent jump can turn into more strength down the road. Open Threat Exchange is the neighborhood watch of the global intelligence community. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.įor Omega Therapeutics, Inc., the consensus EPS estimate for the quarter has been revised 0.8% lower over the last 30 days to the current level. Revenues are expected to be $0.7 million, up 159.3% from the year-ago quarter. This company is expected to post quarterly loss of $0.64 per share in its upcoming report, which represents a year-over-year change of -52.4%.
Omega expects to share preliminary results from the phase I monotherapy dose escalation portion of the study in 2023. Enrollment is currrently ongoing in a phase I/II study to evaluate OTX-2002 as a monotherapy and in combination with other therapies to treat hepatocellular carcinoma and other solid tumor types known for association with the c-Myc oncogene. The sudden soaring of the stock price can be attributed to the positive momentum built around the company's lead omega epigenomic controller, OTX-2002. This compares to the stock's 22.2% gain over the past four weeks. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. (OMGA) shares ended the last trading session 15.2% higher at $7.81.
#OTX ENERGY PROFESSIONAL#
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