Verrica Pharmaceuticals (NASDAQ:VRCA) Releases Quarterly Earnings Results

Verrica Pharmaceuticals (NASDAQ:VRCA) announced its quarterly earnings results on Wednesday. The company reported ($0.24) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.27) by $0.03, Yahoo Finance reports.

Shares of NASDAQ VRCA opened at $15.19 on Friday. Verrica Pharmaceuticals has a 12-month low of $6.44 and a 12-month high of $15.94. The company has a market capitalization of $384.32 million, a PE ratio of -10.77 and a beta of 4.12. The firm’s 50-day moving average is $14.27 and its two-hundred day moving average is $11.08.

In other news, Director Paul B. Manning acquired 20,886 shares of the business’s stock in a transaction dated Thursday, October 10th. The stock was acquired at an average price of $15.08 per share, with a total value of $314,960.88. Also, major shareholder Matt Davidson sold 19,314 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $10.89, for a total transaction of $210,329.46. 40.20% of the stock is owned by corporate insiders.

Several analysts have issued reports on VRCA shares. Zacks Investment Research raised shares of Verrica Pharmaceuticals from a “hold” rating to a “strong-buy” rating and set a $11.00 price target on the stock in a report on Friday, August 30th. ValuEngine downgraded shares of Verrica Pharmaceuticals from a “hold” rating to a “sell” rating in a report on Friday.

Verrica Pharmaceuticals Company Profile

Verrica Pharmaceuticals Inc, a clinical stage medical dermatology company, develops and commercializes dermatological treatments in the United States. The company's lead product candidate include VP-102 that is in phase III clinical trial for the treatment of molluscum contagiosum; in phase II clinical trial for the treatment of common warts; and completed phase I clinical trial for the treatment of Genital warts.

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Earnings History for Verrica Pharmaceuticals (NASDAQ:VRCA)

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