Liminal BioSciences Inc (NASDAQ:LMNL) is trading lower in the pre-market session on Tuesday . The stock ran from 3.50 to 5.00 over the last few days, but has pulled back off the highs.
As of 8:01, LMNL stock is moving down by 3.15% or $0.14 at $4.30. So far more than 1K shares have exchanged hands.
LMNL Releases Results Late Monday
Liminal BioSciences Reports First Quarter 2021 Financial Results
- Net loss was $20.9 million for the first quarter of 2021 compared to $27.7 million for the first quarter of 2020.
- Cash and cash equivalents at March 31, 2021 were $21.6 million. The Company’s working capital, i.e., the current assets net of current liabilities, at March 31, 2021 amounted to $33.5 million.
- Research and development expenses were $9.3 million for the first quarter of 2021 compared to $16.4 million for the first quarter of 2020.
- Finance costs were $2.4 million for the first quarter of 2021 compared to $1.5 million for the first quarter of 2020, as a result of the long-term debt issuances in the third quarter of 2020.
|SHARES OUTSTANDING||23.31 M|
|SHARE FLOAT (%)||7.82 M (33.53%)|
|% HELD BY INSTITUTIONS||3.13|
Recent Stock Performance
|+/- EMA(20)||4.47 (-0.67%)|
|+/- SMA(50)||4.36 (+1.83%)|
|+/- SMA(200)||6.85 (-35.18%)|
|CCI20||4.2615||Neutral||Chaikin Money Flow||0.0088||Neutral|
|MACD||-0.0809||Sell||Money Flow Index||61.0976||Sell|
|STOCH (14,3)||47.3958||Sell||STOCH RSI||0.5884||Buy|