Nephros (NASDAQ:NEPH) Announces Earnings Results

Nephros (NASDAQ:NEPH) issued its quarterly earnings results on Monday. The company reported $0.03 earnings per share for the quarter, Zacks reports. Nephros had a negative net margin of 6.86% and a negative return on equity of 11.39%.

Nephros Price Performance

Shares of NEPH stock opened at $1.60 on Tuesday. The stock has a 50 day simple moving average of $1.56 and a 200-day simple moving average of $1.57. Nephros has a 1-year low of $1.36 and a 1-year high of $2.55. The company has a market cap of $16.82 million, a price-to-earnings ratio of -17.72 and a beta of 1.19.

Nephros Company Profile

Nephros, Inc, a commercial-stage company, develops and sells water solutions to the medical and commercial markets in the United States. It offers ultrafiltration products that are used in dialysis centers for the removal of biological contaminants from water and bicarbonate concentrate; and in hospitals for the prevention of infection from waterborne pathogens, such as legionella and pseudomonas, as well as in military and outdoor recreation, commercial, and other healthcare facilities.