StockNews.com Begins Coverage on NanoViricides (NYSE:NNVC)

StockNews.com started coverage on shares of NanoViricides (NYSE:NNVCFree Report) in a research report released on Tuesday morning. The firm issued a sell rating on the stock.

NanoViricides Price Performance

NYSE:NNVC opened at $1.14 on Tuesday. The firm has a market capitalization of $13.43 million, a P/E ratio of -1.41 and a beta of 0.68. NanoViricides has a 1-year low of $1.00 and a 1-year high of $2.00. The company’s fifty day moving average price is $1.21 and its 200-day moving average price is $1.16.

NanoViricides (NYSE:NNVCGet Free Report) last announced its quarterly earnings results on Wednesday, February 14th. The company reported ($0.18) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.01.

NanoViricides Company Profile

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NanoViricides, Inc, a clinical stage nano-biopharmaceutical company, discovers, develops, and commercializes drugs for the treatment of viral infections. The company's product portfolio includes NV-CoV-2, nanoviricide drug which is in phase 1a/1b clinical trails for the treatment of Covid; and NV-CoV-2 Oral Syrup, and NV-CoV-2 Oral Gummies, a semi-solid fixed-dose form which are in phase 1a/1b human clinical trials for enabling body-weight-based dose titration as is required for pediatric cases.

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