Xenetic Biosciences Inc (NASDAQ:XBIO – Free Report) – Equities researchers at HC Wainwright dropped their FY2025 earnings estimates for Xenetic Biosciences in a research note issued on Thursday, March 20th. HC Wainwright analyst J. Pantginis now expects that the company will post earnings per share of ($3.24) for the year, down from their prior forecast of ($0.66). HC Wainwright currently has a “Neutral” rating on the stock. The consensus estimate for Xenetic Biosciences’ current full-year earnings is ($1.01) per share. HC Wainwright also issued estimates for Xenetic Biosciences’ FY2026 earnings at ($0.45) EPS, FY2027 earnings at ($0.54) EPS and FY2028 earnings at ($0.48) EPS.
Xenetic Biosciences Stock Performance
NASDAQ XBIO opened at $3.38 on Monday. Xenetic Biosciences has a 52 week low of $2.78 and a 52 week high of $5.20. The stock’s 50 day moving average price is $3.95 and its two-hundred day moving average price is $3.99. The stock has a market capitalization of $5.21 million, a price-to-earnings ratio of -1.27 and a beta of 2.17.
Institutional Investors Weigh In On Xenetic Biosciences
A hedge fund recently bought a new stake in Xenetic Biosciences stock. LGT Group Foundation acquired a new position in shares of Xenetic Biosciences Inc (NASDAQ:XBIO – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 11,000 shares of the company’s stock, valued at approximately $41,000. LGT Group Foundation owned about 0.71% of Xenetic Biosciences at the end of the most recent reporting period. Hedge funds and other institutional investors own 15.12% of the company’s stock.
About Xenetic Biosciences
Xenetic Biosciences, Inc is a biopharmaceutical company focused on progressing XCART, a personalized CAR T platform technology engineered to target patient-specific tumor neoantigens. The Company is initially advancing cell-based therapeutics targeting the unique B-cell receptor on the surface of an individual patient’s malignant tumor cells for the treatment of B-cell lymphomas.
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