Urogen Pharma Ltd (NASDAQ:URGN) CFO Peter P. Pfreundschuh sold 1,416 shares of Urogen Pharma stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $33.07, for a total transaction of $46,827.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
URGN traded down $0.42 on Thursday, reaching $32.13. 8,758 shares of the company traded hands, compared to its average volume of 175,984. The stock’s 50 day moving average price is $32.90 and its 200-day moving average price is $36.44. Urogen Pharma Ltd has a 52-week low of $30.48 and a 52-week high of $55.49. The company has a market cap of $449.49 million, a price-to-earnings ratio of -6.69 and a beta of 1.21.
Urogen Pharma (NASDAQ:URGN) last announced its quarterly earnings data on Friday, August 9th. The company reported ($1.08) EPS for the quarter, beating the Zacks’ consensus estimate of ($1.20) by $0.12. The company had revenue of $0.02 million for the quarter. On average, sell-side analysts anticipate that Urogen Pharma Ltd will post -4.95 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently bought and sold shares of URGN. Public Employees Retirement Association of Colorado acquired a new stake in Urogen Pharma in the first quarter valued at approximately $41,000. Bank of Montreal Can acquired a new stake in Urogen Pharma in the second quarter valued at approximately $56,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Urogen Pharma by 112.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,421 shares of the company’s stock valued at $89,000 after acquiring an additional 1,282 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its stake in Urogen Pharma by 50.0% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,000 shares of the company’s stock valued at $108,000 after acquiring an additional 1,000 shares during the last quarter. Finally, JPMorgan Chase & Co. acquired a new stake in Urogen Pharma in the second quarter valued at approximately $170,000.
About Urogen Pharma
UroGen Pharma Ltd., a clinical stage biopharmaceutical company, focuses on developing novel therapies for urological pathologies. The company's lead product candidates, UGN-101 and UGN-102 are proprietary formulations of the chemotherapy drug mitomycin, a generic drug, which is currently used off-label for urothelial cancer treatment in a water-based formulation as an adjuvant or supplemental in post-surgery therapy.
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