Opiant Pharmaceuticals, Inc. (OPNT) Upgraded to Strong-Buy at ValuEngine

ValuEngine upgraded shares of Opiant Pharmaceuticals, Inc. (NASDAQ:OPNT) from a buy rating to a strong-buy rating in a research report sent to investors on Tuesday.

Shares of Opiant Pharmaceuticals (OPNT) opened at 36.00 on Tuesday. The company’s 50-day moving average is $23.82 and its 200 day moving average is $11.27. The company has a market capitalization of $72.94 million, a price-to-earnings ratio of 13.54 and a beta of -0.75. Opiant Pharmaceuticals has a 12 month low of $5.00 and a 12 month high of $51.90.

Opiant Pharmaceuticals (NASDAQ:OPNT) last issued its quarterly earnings results on Wednesday, June 14th. The technology company reported ($1.55) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.82) by ($0.73). Opiant Pharmaceuticals had a return on equity of 5,686.82% and a net margin of 38.89%. The business had revenue of $0.02 million during the quarter. On average, equities research analysts anticipate that Opiant Pharmaceuticals will post $0.50 earnings per share for the current year.

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Opiant Pharmaceuticals Company Profile

Opiant Pharmaceuticals, Inc, formerly Lightlake Therapeutics, Inc, is a specialty pharmaceutical company. The Company develops pharmacological treatments for substance use, addictive and eating disorders. The Company has developed NARCAN (naloxone hydrochloride) Nasal Spray, a treatment to reverse opioid overdoses, which was conceived, licensed, developed and approved by the United States Food and Drug Administration (FDA).

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