Fluidigm Corp. Sets New 1-Year High at $21.99 (FLDM)
Fluidigm Corp. (NASDAQ:FLDM) set a new 52-week high during mid-day trading on Monday, AnalystRatings.Net reports. The stock traded as high as $21.99 and last traded at $21.86, with a volume of 70,980 shares. The stock had previously closed at $21.41.
FLDM has been the subject of a number of recent research reports. Analysts at Cowen and Company raised their price target on shares of Fluidigm Corp. (NASDAQ:FLDM) from $20.00 to $24.00 in a research note to investors on Monday, August 12th. They now have an “outperform” rating on the stock. Separately, analysts at Cantor Fitzgerald raised their price target on shares of Fluidigm Corp. (NASDAQ:FLDM) from $22.00 to $23.00 in a research note to investors on Friday, August 2nd. They now have a “buy” rating on the stock. Finally, analysts at Maxim Group raised their price target on shares of Fluidigm Corp. (NASDAQ:FLDM) from $21.00 to $23.00 in a research note to investors on Friday, August 2nd. They now have a “buy” rating on the stock.
Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Fluidigm Corp. currently has a consensus rating of “Buy” and a consensus target price of $22.25.
In other Fluidigm Corp. news, CEO Gajus Vincent Worthington unloaded 10,000 shares of Fluidigm Corp. stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $20.53, for a total transaction of $205,300.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Fluidigm Corp. has a 52-week low of $13.43 and a 52-week high of $21.99. The stock has a 50-day moving average of $20.09 and a 200-day moving average of $18.27. The company’s market cap is $558.4 million.
Fluidigm Corp. (NASDAQ:FLDM) last announced its earnings results on Thursday, August 1st. The company reported ($0.07) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.17) by $0.10. The company had revenue of $17.50 million for the quarter, compared to the consensus estimate of $15.87 million. During the same quarter in the prior year, the company posted ($0.13) earnings per share. The company’s quarterly revenue was up 35.7% on a year-over-year basis. Analysts expect that Fluidigm Corp. will post $-0.65 EPS for the current fiscal year.
Fluidigm Corporation (NASDAQ:FLDM) develops, manufactures and markets microfluidic systems such as single-cell genomics, applied genotyping and sample preparation for targeted resequencing, in the life science and agricultural biotechnology, or Ag-Bio, industries.
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