Urthecast Corp (UR) Announces Earnings Results, Beats Estimates By $0.03 EPS

Urthecast Corp (TSE:UR) announced its quarterly earnings data on Tuesday. The company reported $0.00 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.03. The business earned $57.48 million during the quarter, compared to analysts’ expectations of $17.20 million.

Shares of Urthecast Corp (TSE:UR) traded down 1.21% on Friday, reaching $1.63. 198,448 shares of the company were exchanged. Urthecast Corp has a 52 week low of $0.69 and a 52 week high of $2.17. The firm’s 50 day moving average price is $1.70 and its 200 day moving average price is $1.27. The stock’s market capitalization is $193.61 million.

A number of research firms have recently commented on UR. Canaccord Genuity increased their price target on shares of Urthecast Corp from C$2.25 to C$3.50 in a report on Thursday, February 9th. Raymond James Financial, Inc. reiterated an “outperform” rating and set a C$3.00 price target on shares of Urthecast Corp in a report on Tuesday, February 21st.

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