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Volcano Corp. (NASDAQ:VOLC) was downgraded by analysts at JMP Securities from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Tuesday, TheFlyOnTheWall.com reports.

Shares of Volcano Corp. (NASDAQ:VOLC) traded down 0.19% during mid-day trading on Tuesday, hitting $21.11. The stock had a trading volume of 870,505 shares. Volcano Corp. has a 1-year low of $16.37 and a 1-year high of $26.23. The stock’s 50-day moving average is $22.03 and its 200-day moving average is $21.74. The company’s market cap is $1.159 billion.

Volcano Corp. (NASDAQ:VOLC) last issued its quarterly earnings data on Monday, November 4th. The company reported ($0.08) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.01) by $0.07. The company had revenue of $95.80 million for the quarter, compared to the consensus estimate of $97.20 million. During the same quarter in the prior year, the company posted $0.04 earnings per share. The company’s quarterly revenue was up 2.3% on a year-over-year basis. Analysts expect that Volcano Corp. will post $-0.26 EPS for the current fiscal year.

In other Volcano Corp. news, CFO John Dahldorf sold 47,423 shares of Volcano Corp. stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $21.94, for a total transaction of $1,040,460.62. Following the completion of the transaction, the chief financial officer now directly owns 41,955 shares of the company’s stock, valued at approximately $920,493. The sale was disclosed in a filing with the SEC, which is available at this link.

A number of other firms have also recently commented on VOLC. Analysts at Zacks reiterated a “neutral” rating on shares of Volcano Corp. in a research note to investors on Friday, November 8th. They now have a $21.00 price target on the stock. Separately, analysts at TheStreet downgraded shares of Volcano Corp. from a “hold” rating to a “sell” rating in a research note to investors on Wednesday, November 6th. Finally, analysts at Jefferies Group raised their price target on shares of Volcano Corp. from $23.00 to $24.00 in a research note to investors on Tuesday, November 5th. They now have a “buy” rating on the stock. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have given a buy rating to the stock. Volcano Corp. presently has a consensus rating of “Hold” and a consensus target price of $23.79.

Volcano Corporation (NASDAQ:VOLC) designs, develops, manufactures and commercializes a range of precision guided therapy tools, including intravascular ultrasound (IVUS), and fractional flow reserve (FFR), products.

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