Ascendis Pharma AS (ASND) Upgraded at TheStreet


Ascendis Pharma AS (NASDAQ:ASND) was upgraded by stock analysts at TheStreet from a “sell” rating to a “hold” rating in a research report issued on Tuesday.
ASND has been the topic of a number of other reports. Zacks Investment Research downgraded shares of Ascendis Pharma AS from a “hold” rating to a “sell” rating in a research note on Tuesday, May 24th. Leerink Swann reissued a “buy” rating on shares of Ascendis Pharma AS in a report on Friday, September 2nd.
Shares of Ascendis Pharma AS (NASDAQ:ASND) traded down 0.10% on Tuesday, reaching $19.71. 29,298 shares of the company were exchanged. The company’s market cap is $495.27 million. Ascendis Pharma AS has a 12 month low of $11.92 and a 12 month high of $20.54. The company’s 50-day moving average price is $16.34 and its 200 day moving average price is $15.89.

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Ascendis Pharma AS (NASDAQ:ASND) last announced its quarterly earnings data on Wednesday, August 31st. The company reported ($0.59) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.69) by $0.10. On average, equities research analysts expect that Ascendis Pharma AS will post ($3.17) EPS for the current year.
About Ascendis Pharma AS
Ascendis Pharma A/S is a clinical-stage biopharmaceutical company. The Company is engaged in applying its TransCon technology to develop a pipeline of long-acting prodrug therapies that address markets with unmet medical needs. The Company is developing its product candidate, TransCon human growth hormone (TransCon hGH) for once-weekly administration to treat growth hormone deficiency (GHD) and other indications.

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