Synthetic Biologics (SYN) Issues Quarterly Earnings Results, Beats Estimates By $0.39 EPS

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Synthetic Biologics (NYSEAMERICAN:SYN) issued its quarterly earnings data on Thursday. The company reported ($0.93) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($1.32) by $0.39, Fidelity Earnings reports.

Shares of SYN stock traded down $0.08 during trading hours on Friday, hitting $0.83. 5,991 shares of the company’s stock traded hands, compared to its average volume of 315,240. Synthetic Biologics has a 12 month low of $0.77 and a 12 month high of $26.60.

Several equities analysts have recently issued reports on SYN shares. Zacks Investment Research downgraded shares of Synthetic Biologics from a “buy” rating to a “hold” rating in a research note on Wednesday, October 10th. HC Wainwright reaffirmed a “buy” rating and set a $35.00 price target on shares of Synthetic Biologics in a research note on Thursday, August 9th.

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About Synthetic Biologics

Synthetic Biologics, Inc, a late-stage clinical company, develops therapeutics designed to preserve the microbiome to protect and restore the health of patients. Its lead product candidates are in Phase III development, such as SYN-004 that is designed to protect the gut microbiome from the effects of commonly used intravenous (IV) beta-lactam antibiotics for the prevention of C.

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Earnings History for Synthetic Biologics (NYSEAMERICAN:SYN)

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