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FibroGen Stock Bullish Momentum With A 9% Jump So Far Today

(VIANEWS) – Shares of FibroGen (NASDAQ: FGEN) jumped 9.36% to $23.61 at 12:35 EST on Tuesday, after two sequential sessions in a row of losses. NASDAQ is rising 0.9% to $11,496.49, following the last session’s downward trend. This seems, as yet, a somewhat positive trend trading session today.

FibroGen’s last close was $21.59, 4.6% under its 52-week high of $22.63.

About FibroGen

FibroGen, Inc., a biopharmaceutical company, discovers, develops, and commercializes therapeutics to treat serious unmet medical needs. The company is developing Roxadustat, an oral small molecule inhibitor of hypoxia inducible factor prolyl hydroxylases, which has completed Phase III clinical development for the treatment of anemia in chronic kidney disease in the United States, Europe, China, and Japan; and in Phase II/III development in China for anemia associated with myelodysplastic syndromes. It is also developing Pamrevlumab, a human monoclonal antibody that inhibits the activity of connective tissue growth factor that is in Phase III clinical development for the treatment of idiopathic pulmonary fibrosis, pancreatic cancer, liver fibrosis, and diabetic kidney disease, as well as Phase III trial for the treatment of Duchenne muscular dystrophy. The company has collaboration agreements with Astellas Pharma Inc. and AstraZeneca AB. FibroGen, Inc. was incorporated in 1993 and is headquartered in San Francisco, California.

Earnings Per Share

As for profitability, FibroGen has a trailing twelve months EPS of $-2.11.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -109.07%.

Sales Growth

FibroGen’s sales growth is 53.5% for the current quarter and negative 52.8% for the next.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 35.9% and a drop 22.1% for the next.

Moving Average

FibroGen’s value is way higher than its 50-day moving average of $16.65 and way above its 200-day moving average of $13.45.

More news about FibroGen (FGEN).

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