Aquinox Pharmaceuticals, Inc. (NASDAQ:AQXP) – Investment analysts at Leerink Swann boosted their FY2017 EPS estimates for shares of Aquinox Pharmaceuticals in a research note issued on Wednesday. Leerink Swann analyst P. Matteis now forecasts that the company will earn ($2.09) per share for the year, up from their prior forecast of ($2.21). Leerink Swann also issued estimates for Aquinox Pharmaceuticals’ FY2018 earnings at ($2.50) EPS.
Several other analysts have also recently issued reports on the stock. BidaskClub cut shares of Aquinox Pharmaceuticals from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Zacks Investment Research cut shares of Aquinox Pharmaceuticals from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. ValuEngine cut shares of Aquinox Pharmaceuticals from a “hold” rating to a “sell” rating in a research note on Friday, September 15th. Needham & Company LLC reissued a “buy” rating and set a $25.00 price objective on shares of Aquinox Pharmaceuticals in a research note on Thursday. Finally, Cantor Fitzgerald reissued a “buy” rating and set a $28.00 price objective on shares of Aquinox Pharmaceuticals in a research note on Thursday. Two analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $22.50.
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Shares of Aquinox Pharmaceuticals (NASDAQ:AQXP) opened at $10.88 on Monday. Aquinox Pharmaceuticals has a 12 month low of $10.68 and a 12 month high of $19.97.
Several large investors have recently bought and sold shares of AQXP. Nexthera Capital LP acquired a new position in shares of Aquinox Pharmaceuticals during the 2nd quarter valued at $1,276,000. Sphera Funds Management LTD. acquired a new position in shares of Aquinox Pharmaceuticals during the 2nd quarter valued at $874,000. Vanguard Group Inc. lifted its holdings in shares of Aquinox Pharmaceuticals by 6.6% during the 2nd quarter. Vanguard Group Inc. now owns 282,483 shares of the company’s stock valued at $3,974,000 after acquiring an additional 17,455 shares in the last quarter. Citadel Advisors LLC acquired a new position in shares of Aquinox Pharmaceuticals during the 3rd quarter valued at $194,000. Finally, Geode Capital Management LLC lifted its holdings in shares of Aquinox Pharmaceuticals by 10.0% during the 1st quarter. Geode Capital Management LLC now owns 121,532 shares of the company’s stock valued at $2,028,000 after acquiring an additional 11,035 shares in the last quarter. Institutional investors and hedge funds own 95.16% of the company’s stock.
About Aquinox Pharmaceuticals
Aquinox Pharmaceuticals, Inc is a clinical-stage pharmaceutical company discovering and developing targeted therapeutics in disease areas of inflammation and immuno-oncology. The Company’s primary focus is anti-inflammatory product candidates targeting the Src Homology 2 (SH2)-containing inositol-5-phosphatase 1 (SHIP1) enzyme, which is a regulator of a cellular signaling pathway in immune cells, known as the phosphatidylinositol-4,5-bisphosphate 3-kinase (PI3K) pathway.
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