Semler Scientific’s Lock-Up Period Will End on August 20th (NASDAQ:SMLR)
Semler Scientific’s (NASDAQ:SMLR) lock-up period will end on Wednesday, August 20th. Semler Scientific had issued 1,430,000 shares in its public offering on February 21st, Stock Ratings News reports. The total size of the offering was $10,010,000 based on an initial share price of $7.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.
Several analysts have recently commented on the stock. Analysts at Aegis downgraded shares of Semler Scientific from a “buy” rating to a “hold” rating in a research note on Monday, July 28th.
Semler Scientific (NASDAQ:SMLR) traded up 9.79% during mid-day trading on Friday, hitting $3.70. 130 shares of the company’s stock traded hands. Semler Scientific has a 52-week low of $2.75 and a 52-week high of $7.25. The stock has a 50-day moving average of $3.76 and a 200-day moving average of $4.75. The company’s market cap is $17.4 million.
Semler Scientific (NASDAQ:SMLR) last posted its quarterly earnings results on Friday, July 25th. The company reported ($0.22) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.19) by $0.03. Analysts expect that Semler Scientific will post $-0.98 EPS for the current fiscal year.
Semler Scientific, Inc is a medical risk-assessment company. The Company develops, manufactures and markets patented products that identify the risk profile of medical patients to allow healthcare providers to capture full reimbursement potential for their services.
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