Ovascience’s “Buy” Rating Reaffirmed at HC Wainwright (OVAS)
Ovascience (NASDAQ:OVAS)‘s stock had its “buy” rating restated by research analysts at HC Wainwright in a report released on Monday, AnalystRatings.Net reports.
A number of other analysts have also recently weighed in on OVAS. Analysts at Oppenheimer initiated coverage on shares of Ovascience in a research note on Tuesday, April 29th. They set an “outperform” rating and a $11.00 price target on the stock. Analysts at Leerink Swann raised their price target on shares of Ovascience to $16.00 in a research note on Thursday, April 3rd.
Ovascience (NASDAQ:OVAS) traded up 0.69% during mid-day trading on Monday, hitting $7.25. The stock had a trading volume of 46,325 shares. Ovascience has a 52-week low of $5.509 and a 52-week high of $16.00. The stock’s 50-day moving average is $8.39 and its 200-day moving average is $9.19. The company’s market cap is $169.3 million.
Ovascience (NASDAQ:OVAS) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.41) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.46) by $0.05. Analysts expect that Ovascience will post $-1.95 EPS for the current fiscal year.
OvaScience, Inc, is a life science company developing products to improve the treatment of female infertility based on recent scientific discoveries about the existence of egg precursor cells.
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