Bavarian Nordic Spon (BVNRY) Receives Hold Rating from Maxim Group

Maxim Group reiterated their hold rating on shares of Bavarian Nordic Spon (OTCMKTS:BVNRY) in a research report sent to investors on Friday.

Shares of Bavarian Nordic Spon (OTCMKTS:BVNRY) traded down 46.43% during midday trading on Friday, reaching $12.16. The company had a trading volume of 2,675 shares. The stock’s 50 day moving average is $11.70 and its 200-day moving average is $11.70. Bavarian Nordic Spon has a 12-month low of $10.56 and a 12-month high of $17.33. The stock has a market capitalization of $1.15 billion and a PE ratio of 31.75.

Bavarian Nordic Spon (OTCMKTS:BVNRY) last posted its quarterly earnings results on Friday, August 25th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.07). Bavarian Nordic Spon had a return on equity of 11.36% and a net margin of 15.48%. The firm had revenue of $58.68 million for the quarter, compared to analyst estimates of $50.65 million.

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Bavarian Nordic Spon Company Profile

Bavarian Nordic A/S, a biotechnology company, develops, manufactures, and commercializes a portfolio of novel vaccines for the prevention and treatment of life-threatening infectious diseases and cancer. The company markets non-replicating smallpox vaccine under the IMVAMUN and IMVANE names. It is also developing MVA-BN Filo that is in Phase III trial for the treatment of Ebola and Marburg; MVA-BN RSV, which is in Phase II clinical development stage for the prevention of respiratory syncytial virus; and MVA-BN HPV that is in preclinical development stage to treat human papillomavirus.

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