Derma Sciences Sets New 1-Year Low at $8.41 (DSCI)
Derma Sciences (NASDAQ:DSCI) reached a new 52-week low on Friday , AnalystRatingsNetwork reports. The company traded as low as $8.41 and last traded at $8.50, with a volume of 45,789 shares changing hands. The stock had previously closed at $8.56.
Several analysts have recently commented on the stock. Analysts at Oppenheimer cut their price target on shares of Derma Sciences from $19.00 to $18.00 in a research note on Thursday, August 14th. They now have an “outperform” rating on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of Derma Sciences from $19.00 to $18.00 in a research note on Friday, August 8th. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Derma Sciences in a research note on Wednesday, June 18th. They now have a $19.00 price target on the stock, up previously from $18.00.
The stock’s 50-day moving average is $9.8 and its 200-day moving average is $11.09. The company’s market cap is $214.6 million.
Derma Sciences (NASDAQ:DSCI) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.34) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.46) by $0.12. On average, analysts predict that Derma Sciences will post $-1.62 earnings per share for the current fiscal year.
Derma Sciences, Inc (NASDAQ:DSCI), is a medical technology company focused on three segments of the wound care marketplace: pharmaceutical wound care, advanced wound care and traditional wound care products.
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