Zafgen, Inc. (ZFGN) Is Forming Bullish Multiple Top Pattern at $8.82

June 27, 2018 - By Clara Lewis

Zafgen, Inc. (NASDAQ:ZFGN) Corporate Logo

With $9.35 price target Zafgen, Inc. (ZFGN) formed a multiple top chart pattern. That’s 6.00 % above today’s $8.82 price per share. This chart pattern was announced on Jun, 27 by Finviz.com. At $9.35 price target, the company’s valuation could be $14.59 million more.

Ticker’s shares touched $8.82 during the last trading session after 1.26% change.Zafgen, Inc. has 211,619 shares volume, 13.01% up from normal. ZFGN is uptrending and has moved 60.78% since June 27, 2017. ZFGN outperformed by 48.21% the S&P500.

Earnings report for Zafgen, Inc. (NASDAQ:ZFGN) is awaited on August, 14., as reported by Faxor. Last year’s earnings per share was $-0.49, while now analysts expect change of 20.41 % down from current $-0.59 earnings per share. Wall Street now forecasts 1.72 % negative EPS growth despite Zafgen, Inc. last quarter’s EPS of $-0.58.

Zafgen, Inc. (NASDAQ:ZFGN) Ratings Coverage

In total 2 analysts cover Zafgen (NASDAQ:ZFGN). “Buy” rating has 1, “Sell” are 0, while 1 are “Hold”. (NASDAQ:ZFGN) has 50% bullish analysts. 2 are the (NASDAQ:ZFGN)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc.

For more Zafgen, Inc. (NASDAQ:ZFGN) news brought out briefly go to: Nasdaq.com, Seekingalpha.com, Nasdaq.com, Benzinga.com or Benzinga.com. The titles are as follows: “Mid-Afternoon Market Update: NASDAQ Down Over 2.5%; Xerium Technologies Shares Spike Higher” brought out on June 25, 2018, “Zafgen: 3 Key Takeaways From ADA Abstracts” on June 26, 2018, “Zafgen Announces Positive Full Results in Phase 2 Proof-of-Concept Trial of ZGN-1061 in Patients with Difficult-to …” with a publish date: June 23, 2018, “44 Biggest Movers From Yesterday” and the last “36 Stocks Moving In Monday’s Mid-Day Session” with publication date: June 25, 2018.

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