According to Zacks, “Bioline RX Ltd. is a biopharmaceutical development company. BioLineRx is dedicated to building a portfolio of products for unmet medical needs or with advantages over currently available therapies. The Company’s portfolio consists of clinical stage candidates including BL-1020 for schizophrenia , BL-1040, for treatment of patients following a myocardial infarction, BL-5010 for non-surgical removal of skin lesions, BL-1021 for neuropathic pain and BL-7040 for treating Inflammatory Bowel Disease. In addition, BioLineRx has many products in various pre-clinical development stages for a variety of indications, including central nervous system diseases, oncology, infectious diseases, cardiovascular and autoimmune diseases. “
Several other brokerages have also issued reports on BLRX. HC Wainwright reissued a “buy” rating on shares of BIOLINERX LTD/S in a research note on Friday, December 13th. ValuEngine raised shares of BIOLINERX LTD/S from a “hold” rating to a “buy” rating in a research note on Friday, January 3rd. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $5.25.
BIOLINERX LTD/S (NASDAQ:BLRX) last issued its earnings results on Monday, November 11th. The biotechnology company reported ($0.40) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.67) by $0.27. On average, research analysts forecast that BIOLINERX LTD/S will post -2.28 earnings per share for the current fiscal year.
An institutional investor recently bought a new position in BIOLINERX LTD/S stock. Phoenix Holdings Ltd. bought a new position in shares of BIOLINERX LTD/S (NASDAQ:BLRX) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 25,738 shares of the biotechnology company’s stock, valued at approximately $65,000. Phoenix Holdings Ltd. owned approximately 0.34% of BIOLINERX LTD/S as of its most recent SEC filing. 34.22% of the stock is currently owned by institutional investors.
BIOLINERX LTD/S Company Profile
BioLineRx Ltd., a clinical stage biopharmaceutical development company, focuses on oncology and immunology. Its development pipeline consists of clinical-stage therapeutic candidates, which include BL-8040, a peptide for the treatment of multiple cancer and hematological indications; AGI-134, an immuno-oncology agent in development for solid tumors; and BL-5010, a customized, proprietary, pen-like applicator for the non-surgical removal of benign skin lesions.
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