Mediwound (MDWD) Releases Earnings Results, Misses Estimates By $0.01 EPS

Mediwound (NASDAQ:MDWD) issued its earnings results on Tuesday. The biopharmaceutical company reported ($0.15) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.14) by ($0.01), Morningstar.com reports. Mediwound had a negative return on equity of 398.49% and a negative net margin of 31.08%.

Shares of MDWD stock opened at $4.17 on Wednesday. Mediwound has a 1-year low of $3.76 and a 1-year high of $7.35. The firm has a market cap of $113.34 million, a PE ratio of -8.51 and a beta of 0.70.

Several hedge funds have recently modified their holdings of the company. Morgan Stanley grew its stake in shares of Mediwound by 65.6% in the first quarter. Morgan Stanley now owns 36,584 shares of the biopharmaceutical company’s stock worth $183,000 after purchasing an additional 14,489 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of Mediwound in the first quarter worth $93,000. Renaissance Technologies LLC grew its stake in shares of Mediwound by 45.0% in the first quarter. Renaissance Technologies LLC now owns 328,700 shares of the biopharmaceutical company’s stock worth $1,644,000 after purchasing an additional 102,060 shares during the last quarter. Delek Group Ltd. bought a new stake in shares of Mediwound in the first quarter worth $141,000. Finally, Meitav Dash Investments Ltd. grew its stake in shares of Mediwound by 0.6% in the first quarter. Meitav Dash Investments Ltd. now owns 598,508 shares of the biopharmaceutical company’s stock worth $2,993,000 after purchasing an additional 3,536 shares during the last quarter. Institutional investors and hedge funds own 30.29% of the company’s stock.



A number of brokerages recently issued reports on MDWD. Oppenheimer set a $15.00 target price on Mediwound and gave the stock a “buy” rating in a report on Monday, March 25th. Zacks Investment Research upgraded Mediwound from a “hold” rating to a “buy” rating and set a $5.50 price target on the stock in a report on Thursday, January 24th.

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Mediwound Company Profile

MediWound Ltd., an integrated biopharmaceutical company, focuses on developing, manufacturing, and commercializing novel therapeutics products to address unmet needs. It markets NexoBrid, a biopharmaceutical product for the removal of eschar, a dead or damaged tissue in adults with deep partial- and full-thickness thermal burns in the European Union, Israel, and Argentina.

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Earnings History for Mediwound (NASDAQ:MDWD)

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