Biodel Target of Unusually High Options Trading (BIOD)
Biodel (NASDAQ:BIOD) saw some unusual options trading on Monday. Stock investors acquired 5,676 put options on the stock, Stock Ratings Network reports. This represents an increase of 567% compared to the typical volume of 851 put options.
Separately, analysts at JMP Securities raised their price target on shares of Biodel (NASDAQ:BIOD) from $6.00 to $9.00 in a research note to investors on Thursday, August 15th.
Shares of Biodel (NASDAQ:BIOD) opened at 3.60 on Tuesday. Biodel has a 52 week low of $2.13 and a 52 week high of $6.08. The stock has a 50-day moving average of $4.82 and a 200-day moving average of $3.76. The company’s market cap is $68.9 million.
Biodel (NASDAQ:BIOD) last issued its quarterly earnings data on Monday, August 12th. The company reported ($0.66) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.37) by $0.29. During the same quarter in the prior year, the company posted ($0.52) earnings per share. Analysts expect that Biodel will post $-1.59 EPS for the current fiscal year.
Biodel Inc (NASDAQ:BIOD) is a development-stage company.
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