Wall Street analysts expect that Tyme Technologies Inc (NASDAQ:TYME) will announce ($0.08) earnings per share for the current fiscal quarter, Zacks reports. Zero analysts have issued estimates for Tyme Technologies’ earnings. Tyme Technologies reported earnings per share of ($0.06) during the same quarter last year, which would indicate a negative year over year growth rate of 33.3%. The company is scheduled to issue its next quarterly earnings report on Wednesday, June 12th.
On average, analysts expect that Tyme Technologies will report full-year earnings of ($0.29) per share for the current fiscal year. For the next fiscal year, analysts forecast that the firm will report earnings of ($0.34) per share. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover Tyme Technologies.
Tyme Technologies (NASDAQ:TYME) last posted its quarterly earnings data on Monday, February 11th. The company reported ($0.08) earnings per share for the quarter, hitting the consensus estimate of ($0.08).
In other news, Director Douglas A. Michels purchased 20,000 shares of the firm’s stock in a transaction dated Thursday, February 14th. The stock was bought at an average price of $3.26 per share, with a total value of $65,200.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 53.90% of the stock is owned by insiders.
Several hedge funds have recently made changes to their positions in TYME. Wells Fargo & Company MN grew its holdings in shares of Tyme Technologies by 149.1% in the 3rd quarter. Wells Fargo & Company MN now owns 266,026 shares of the company’s stock valued at $739,000 after buying an additional 159,251 shares during the period. BlackRock Inc. grew its holdings in shares of Tyme Technologies by 3.6% in the 3rd quarter. BlackRock Inc. now owns 2,065,741 shares of the company’s stock valued at $5,744,000 after buying an additional 71,188 shares during the period. Renaissance Technologies LLC acquired a new position in shares of Tyme Technologies in the 3rd quarter valued at $100,000. Vanguard Group Inc. grew its holdings in shares of Tyme Technologies by 60.1% in the 3rd quarter. Vanguard Group Inc. now owns 1,865,160 shares of the company’s stock valued at $5,186,000 after buying an additional 699,871 shares during the period. Finally, Vanguard Group Inc grew its holdings in shares of Tyme Technologies by 60.1% in the 3rd quarter. Vanguard Group Inc now owns 1,865,160 shares of the company’s stock valued at $5,186,000 after buying an additional 699,871 shares during the period. 16.08% of the stock is owned by institutional investors.
TYME stock traded down $0.10 during trading on Friday, hitting $1.52. The company had a trading volume of 13,752 shares, compared to its average volume of 723,114. Tyme Technologies has a 12 month low of $1.57 and a 12 month high of $4.64. The stock has a market capitalization of $168.15 million, a PE ratio of -7.24 and a beta of 0.22.
Tyme Technologies Company Profile
Tyme Technologies, Inc, a clinical-stage biotechnology company, develops novel cancer therapeutics. It is developing SM-88, a combination therapy based on dysfunctional metyrosine derivatives in Phase II development for metastatic pancreatic cancer and biomarker-recurrent prostate cancer. The company was founded in 2011 and is headquartered in New York, New York.
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