MLNT - Bullish Buying - Could Bounce The Drop

Melinta Therapeutics, Inc. operates as a commercial-stage pharmaceutical company which engages in developing and commercializing anti-infective s for the hospital and selected non-hospital or communities. It markets antibiotics including Baxdela, Vabomere, Orbactiv, and Minocin for injections. These antibiotics are used in the treatment of infections caused by various bacterial diseases. The company was founded by William L. Jorgensen, Peter Moore, and Thomas A. Steitz in October 2000 is headquartered in Morristown, NJ.

SHORT INTEREST
894.4K 08/15/19

P/E Current
-0.13

P/E Ratio (with extraordinary items)
-0.20

Average Recommendation: HOLD

Average Target Price: 12.00