StockNews.com Initiates Coverage on Aeterna Zentaris (NASDAQ:AEZS)

Analysts at StockNews.com assumed coverage on shares of Aeterna Zentaris (NASDAQ:AEZS) (TSE:AEZ) in a note issued to investors on Saturday. The firm set a “sell” rating on the biopharmaceutical company’s stock.

Aeterna Zentaris Stock Performance

Aeterna Zentaris stock opened at $3.66 on Friday. The firm has a market cap of $6.56 million, a price-to-earnings ratio of -0.25 and a beta of 1.55. Aeterna Zentaris has a 1 year low of $3.96 and a 1 year high of $12.00. The firm’s 50 day moving average price is $2.98 and its two-hundred day moving average price is $3.04.

About Aeterna Zentaris

Aeterna Zentaris Inc, a specialty biopharmaceutical company, engages in developing and commercializing therapeutics and diagnostic tests in Canada, Switzerland, Ireland, Denmark, Germany, the United States, and internationally. Its lead product is Macrilen (macimorelin), an orally available peptidomimetic ghrelin receptor (GHSR-1a) agonist that stimulates the secretion of growth hormone by binding to the GHSR-1a for the diagnosis of patients with adult growth hormone deficiency and childhood-onset growth hormone deficiency, as well as endocrinology and oncology indications; AEZS-150, a delayed clearance parathyroid hormone fusion polypeptide that is in preclinical trial for the treatment of chronic hypoparathyroidism; and AEZS-130 that is in preclinical trial for the treatment of amyotrophic lateral sclerosis.