RXi Pharmaceuticals Corporation (RXII) Scheduled to Post Quarterly Earnings on Wednesday
RXi Pharmaceuticals Corporation (NASDAQ:RXII) is set to announce its earnings results after the market closes on Wednesday, November 8th.
RXi Pharmaceuticals Corporation (NASDAQ:RXII) last announced its quarterly earnings data on Thursday, August 10th. The biotechnology company reported ($0.11) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.11). During the same quarter last year, the firm posted ($0.34) earnings per share. On average, analysts expect RXi Pharmaceuticals Corporation to post $-0.74 EPS for the current fiscal year and $-0.57 EPS for the next fiscal year.
RXi Pharmaceuticals Corporation (NASDAQ RXII) opened at 0.545 on Wednesday. RXi Pharmaceuticals Corporation has a one year low of $0.32 and a one year high of $2.93. The company has a 50 day moving average of $0.53 and a 200-day moving average of $0.58. The firm’s market cap is $12.67 million.
In related news, insider Alexey Eliseev sold 176,800 shares of the firm’s stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of $0.54, for a total value of $95,472.00. Following the transaction, the insider now owns 1,100,931 shares in the company, valued at $594,502.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 5.71% of the company’s stock.
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About RXi Pharmaceuticals Corporation
RXi Pharmaceuticals Corporation is a clinical-stage ribonucleic acid (RNA) interference (RNAi) company developing therapeutics in dermatology and ophthalmology that address unmet medical needs. The Company’s development programs are based on its self-delivering RNAi (sd-rxRNA) platform and Samcyprone, a topical immunomodulator.
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