Voyager Therapeutics (NASDAQ:VYGR) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Voyager Therapeutics (NASDAQ:VYGR – Get Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.40) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.41) by $0.01, FiscalAI reports. The company had revenue of $0.61 million for the quarter, compared to the consensus estimate of $6.35 million. Voyager Therapeutics had a negative net margin of 312.63% and a negative return on equity of 57.92%.

Voyager Therapeutics Price Performance

Shares of NASDAQ VYGR traded down $0.15 during trading hours on Thursday, reaching $1.72. The stock had a trading volume of 1,302,634 shares, compared to its average volume of 666,221. The business’s fifty day moving average is $2.61 and its two-hundred day moving average is $3.43. The company has a market cap of $105.98 million, a price-to-earnings ratio of -0.96 and a beta of 1.20. Voyager Therapeutics has a twelve month low of $1.68 and a twelve month high of $5.48.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on VYGR. Weiss Ratings reiterated a “sell (d-)” rating on shares of Voyager Therapeutics in a research note on Friday, October 9th. HC Wainwright reissued a “buy” rating on shares of Voyager Therapeutics in a research report on Thursday, August 27th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $16.50.

Read Our Latest Report on VYGR

About Voyager Therapeutics

(Get Free Report)

Voyager Therapeutics, Inc is a biotechnology company focused on developing gene therapies for neurological diseases. The company aims to address conditions affecting the central nervous system by using adeno-associated virus (AAV) gene-delivery technologies to deliver therapeutic genes to targeted areas of the brain and nervous system.

Voyager’s research platform, known as TRACER, is designed to identify AAV capsids with improved ability to cross the blood-brain barrier and reach the central nervous system.

Further Reading

Earnings History for Voyager Therapeutics (NASDAQ:VYGR)

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