In yesterday’s Wall Street session, Esperion Therapeutics Inc. (NASDAQ:ESPR) shares traded at $2.01, down -4.74% from the previous session.
ESPR stock price is now -16.63% away from the 50-day moving average and -5.86% away from the 200-day moving average. The market capitalization of the company currently stands at $380.81M.
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With the price target maintained at $2.50, BofA Securities recently Downgraded its rating from Neutral to Underperform for Esperion Therapeutics Inc. (NASDAQ: ESPR). , while ‘JP Morgan’ rates the stock as ‘Neutral’
In other news, Foody Joanne M., Chief Medical Officer sold 917 shares of the company’s stock on Jul 17 ’24. The stock was sold for $2,383 at an average price of $2.60. Upon completion of the transaction, the Chief Medical Officer now directly owns 272,862 shares in the company, valued at $0.55 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 17 ’24, Chief Commercial Officer Warren Eric sold 108 shares of the business’s stock. A total of $279 was realized by selling the stock at an average price of $2.59. This leaves the insider owning 165,478 shares of the company worth $0.33 million. A total of 9.23% of the company’s stock is owned by insiders.
During the past 12 months, Esperion Therapeutics Inc. has had a low of $0.70 and a high of $3.40. The fifty day moving average price for ESPR is $2.4062 and a two-hundred day moving average price translates $2.14085 for the stock.
The latest earnings results from Esperion Therapeutics Inc. (NASDAQ: ESPR) was released for 2024-03-31. The company reported revenue of $137.74 million for the quarter, compared to $24.33 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 466.14 percent. For the current quarter, analysts expect ESPR to generate $49.06M in revenue.
