Novadaq Technologies Hits New 52-Week High at $18.77 (NVDQ)
Novadaq Technologies (NASDAQ:NVDQ)’s share price reached a new 52-week high during mid-day trading on Wednesday, AmericanBankingNews.com reports. The stock traded as high as $18.77 and last traded at $18.53, with a volume of 646,567 shares traded. The stock had previously closed at $16.18.
NVDQ has been the subject of a number of recent research reports. Analysts at Canaccord Genuity raised their price target on shares of Novadaq Technologies from C$18.00 to C$22.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at JMP Securities raised their price target on shares of Novadaq Technologies from C$15.00 to C$20.00 in a research note to investors on Wednesday. They now have an “outperform” rating on the stock. Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of Novadaq Technologies in a research note to investors on Monday. They now have a $14.00 price target on the stock, up previously from $13.62. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company’s stock. Novadaq Technologies currently has an average rating of “Buy” and a consensus price target of $15.85.
Novadaq Technologies has a 1-year low of $7.71 and a 1-year high of $15.07. The stock has a 50-day moving average of $14.18 and a 200-day moving average of $12.84. The company’s market cap is $906.0 million.
Novadaq Technologies (NASDAQ:NVDQ) last released its earnings data on Tuesday, October 22nd. The company reported ($0.14) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.03) by $0.11. The company had revenue of $8.90 million for the quarter, compared to the consensus estimate of $8.68 million. Novadaq Technologies’s revenue was up 56.8% compared to the same quarter last year. On average, analysts predict that Novadaq Technologies will post $-0.11 earnings per share for the current fiscal year.
Novadaq Technologies Inc develops and commercializes medical imaging and therapeutic devices for use in the operating room.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.