Wednesday, June 23, 2021 2:04:44 PM
-1.00%
Capricor Therapeutics (CAPR) shares ended the last trading session
5.7% higher at $5.72. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session.
This compares to the stock's 46.6% gain over the past four weeks.
The company’s lead candidate, CAP-1002 is being developed for treating Duchenne muscular dystrophy and the cytokine storm associated with COVID-19. This might have been driving the rally.
Moreover, its efforts to develop transformative cell and exosome-based therapeutics and vaccines for treating a broad spectrum of diseases,
is also a positive.
This biotechnology company is expected to post quarterly loss of $0.23 per share in its upcoming report,
which represents no change from the year-ago quarter.
Revenues are expected to be $0.21 million,
up 320% from the year-ago quarter.
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research
shows a strong correlation between trends in earnings estimate
revisions and near-term stock price movements.
For Capricor, the consensus EPS estimate for the quarter has remained unchanged
over the last 30 days.
And a stock's price usually doesn't keep moving higher in the absence
of any trend in earnings estimate revisions.
So, make sure to keep an eye on CAPR going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank 3 (Hold).
You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Recent CAPR News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/17/2024 01:15:10 PM
- Capricor Therapeutics Signs Binding Term Sheet with Nippon Shinyaku for European Expansion and Commercialization of Deramiocel for the Treatment of Duchenne Muscular Dystrophy • GlobeNewswire Inc. • 09/17/2024 01:15:00 PM
- Capricor Therapeutics to Present at Upcoming Investor and Scientific Conferences • GlobeNewswire Inc. • 09/06/2024 12:30:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:02:26 PM
- Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] • Edgar (US Regulatory) • 08/23/2024 08:01:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/09/2024 01:00:07 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 09:00:59 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2024 08:06:46 PM
- Capricor Therapeutics Reports Second Quarter 2024 Financial Results and Provides Corporate Update • GlobeNewswire Inc. • 08/07/2024 08:05:00 PM
- Capricor Therapeutics to Present Second Quarter 2024 Financial Results and Recent Corporate Update on August 7 • GlobeNewswire Inc. • 07/31/2024 01:00:00 PM
- Capricor Therapeutics Set to Join Russell 2000® and Russell 3000® Indexes • GlobeNewswire Inc. • 07/01/2024 01:00:00 PM
- Capricor Therapeutics Announces Long-Term Benefit of Deramiocel (CAP-1002) in Both Skeletal Muscle and Cardiac Function in the HOPE-2 OLE Study in Duchenne Muscular Dystrophy • GlobeNewswire Inc. • 06/28/2024 01:00:00 PM
- Capricor Therapeutics • GlobeNewswire Inc. • 06/25/2024 02:30:57 PM
- Capricor Therapeutics Announces for the Treatment of Duchenne Muscular Dystrophy • GlobeNewswire Inc. • 06/25/2024 12:30:00 PM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 06/14/2024 08:31:21 PM
- Capricor Therapeutics Announces Positive Type-B Meeting with FDA for CAP-1002 Program for Duchenne Muscular Dystrophy with an Aim to Expedite BLA Pathway • GlobeNewswire Inc. • 06/11/2024 01:25:00 PM
- Capricor Therapeutics Announces Positive 3-Year Efficacy Results from HOPE-2 Open Label Extension Study of CAP-1002 in Duchenne Muscular Dystrophy • GlobeNewswire Inc. • 06/04/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 09:05:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 09:00:50 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 01:00:46 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/13/2024 08:05:49 PM
- Capricor Therapeutics Reports First Quarter 2024 Financial Results and Provides Corporate Update • GlobeNewswire Inc. • 05/13/2024 08:05:00 PM
- Capricor Therapeutics to Present Exosome Platform Updates at the American Society of Gene and Cell Therapy (ASGCT) 27th Annual Meeting • GlobeNewswire Inc. • 05/09/2024 01:15:00 PM
- Capricor Therapeutics to Present at Upcoming Scientific and Medical Conferences • GlobeNewswire Inc. • 05/08/2024 01:00:00 PM
- Capricor Therapeutics to Present First Quarter 2024 Financial Results and Recent Corporate Update on May 13 • GlobeNewswire Inc. • 05/06/2024 01:00:00 PM
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