Were Analysts Bearish ArQule, Inc. (NASDAQ:ARQL) This Week?

April 22, 2018 - By Dolores Ford

ArQule, Inc. (NASDAQ:ARQL) Logo

ArQule, Inc. (NASDAQ:ARQL) Ratings Coverage

Among 5 analysts covering Arqule (NASDAQ:ARQL), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Arqule had 5 analyst reports since December 14, 2017 according to SRatingsIntel. The company was initiated on Friday, February 2 by FBR Capital. The firm has “Buy” rating by B. Riley & Co given on Monday, February 12. The stock has “Buy” rating by Needham on Thursday, December 14. Leerink Swann upgraded it to “Buy” rating and $500 target in Thursday, April 5 report. Below is a list of ArQule, Inc. (NASDAQ:ARQL) latest ratings and price target changes.

05/04/2018 Broker: Leerink Swann Rating: Buy New Target: $5.0000 Upgrade
22/02/2018 Broker: Roth Capital Rating: Buy New Target: $5 Initiates Coverage On
12/02/2018 Broker: B. Riley & Co Rating: Buy Old Target: $3 New Target: $3.5 Maintain
02/02/2018 Broker: FBR Capital Rating: Buy New Target: $3.0 Initiate
14/12/2017 Broker: Needham Old Rating: Hold New Rating: Buy Upgrade

The stock decreased 2.71% or $0.08 during the last trading session, reaching $2.87. About 1.01 million shares traded or 22.05% up from the average. ArQule, Inc. (NASDAQ:ARQL) has risen 180.00% since April 22, 2017 and is uptrending. It has outperformed by 168.45% the S&P500.

ArQule, Inc., a biopharmaceutical company, researches and develops therapeutics for the treatment of cancer and rare diseases in the United States. The company has market cap of $250.01 million. The Company’s lead product candidate is tivantinib , a small molecule inhibitor of the c-Met receptor tyrosine kinase and its biological pathway, which is in Phase III clinical trial for the treatment of liver cancer. It currently has negative earnings. The companyÂ’s clinical-stage products include ARQ 087, a multi-kinase inhibitor of the fibroblast growth factor receptor family Phase II clinical trial for patients with intrahepatic cholangiocarcinoma and in Phase Ib for multiple oncology indications; ARQ 092, an inhibitor of the AKT serine/threonine kinase in Phase I clinical trials for multiple oncology indications; ARQ 751, a next-generation inhibitor of AKT in Phase I clinical trial for solid tumors; and ARQ 761, an intravenously administered analogue of Beta-lapachone, which is Phase 1b clinical trial used as a promoter of NQo1-mediated programmed cancer cell death.

ArQule, Inc. (NASDAQ:ARQL) Ratings Chart

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