ENDRA Life Sciences (NASDAQ:NDRA) Releases Quarterly Earnings Results, Beats Expectations By $0.21 EPS

ENDRA Life Sciences (NASDAQ:NDRAGet Free Report) posted its quarterly earnings results on Friday. The company reported ($0.63) EPS for the quarter, beating the consensus estimate of ($0.84) by $0.21, Zacks reports.

ENDRA Life Sciences Stock Performance

ENDRA Life Sciences stock remained flat at $4.47 during trading hours on Friday. 51,812 shares of the company’s stock were exchanged, compared to its average volume of 60,848. The company has a market capitalization of $5.68 million, a P/E ratio of -0.55 and a beta of -0.05. The stock has a 50 day moving average of $4.85 and a 200 day moving average of $4.60. ENDRA Life Sciences has a fifty-two week low of $2.96 and a fifty-two week high of $9.85.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on NDRA. Weiss Ratings raised shares of ENDRA Life Sciences from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, July 31st. Ascendiant Capital Markets lowered their target price on ENDRA Life Sciences from $27.00 to $25.00 and set a “buy” rating for the company in a report on Monday, June 1st. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, ENDRA Life Sciences presently has a consensus rating of “Hold” and a consensus price target of $25.00.

Check Out Our Latest Report on ENDRA Life Sciences

About ENDRA Life Sciences

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ENDRA Life Sciences, Inc (NASDAQ: NDRA) is a medical technology company headquartered in Ann Arbor, Michigan, that focuses on the development and commercialization of Thermoacoustic Enhanced Ultrasound (TAEUS™) imaging. The company’s proprietary TAEUS platform combines conventional ultrasound with thermoacoustic signals to provide non-invasive, real-time temperature monitoring of soft tissue. This technology is designed to improve the safety, efficacy and outcomes of thermal ablation procedures and other heat-based therapies.

ENDRA’s core product line centers on a compact, easy-to-integrate device that augments existing ultrasound systems.

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Earnings History for ENDRA Life Sciences (NASDAQ:NDRA)

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