Athira Pharma (NASDAQ:ATHA) Releases Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Athira Pharma (NASDAQ:ATHA) announced its quarterly earnings results on Thursday. The company reported ($0.39) EPS for the quarter, beating analysts’ consensus estimates of ($0.45) by $0.06, Zacks reports.

Athira Pharma Trading Down 3.7 %

Shares of Athira Pharma stock traded down $0.02 on Thursday, hitting $0.42. 187,547 shares of the company traded hands, compared to its average volume of 204,280. The stock’s 50 day moving average price is $0.52 and its 200-day moving average price is $0.84. The company has a market cap of $16.34 million, a PE ratio of -0.15 and a beta of 2.97. Athira Pharma has a 52 week low of $0.37 and a 52 week high of $4.21.

About Athira Pharma

Athira Pharma, Inc, a late clinical-stage biopharmaceutical company, focuses on developing small molecules to restore neuronal health and slow neurodegradation. Its lead product candidate is Fosgonimeton (ATH-1017), a small molecule designed to modulate the neurotrophic hepatocyte growth factor (HGF) system and its receptor, MET, for a healthy nervous system that is in LIFT-AD Phase 2/3 and ACT-AD Phase 2 clinical trials for the treatment of Alzheimer's disease, as well as is in Phase 2 clinical trials to treat Parkinson's disease dementia and Dementia with Lewy bodies.