Neuralstem, Inc. (CUR) Rating Increased to Hold at ValuEngine
Neuralstem, Inc. (NASDAQ:CUR) was upgraded by stock analysts at ValuEngine from a “sell” rating to a “hold” rating in a report issued on Friday.
Separately, S&P Equity Research decreased their price objective on Neuralstem from $3.69 to $3.18 in a report on Thursday, February 16th.
Shares of Neuralstem (NASDAQ CUR) traded down 3.0263% on Friday, hitting $5.1687. 88,538 shares of the stock traded hands. The stock’s 50 day moving average price is $4.59 and its 200 day moving average price is $3.47. Neuralstem has a 52-week low of $2.47 and a 52-week high of $6.19. The stock’s market cap is $61.50 million.
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In other news, CEO Richard J. Daly acquired 7,500 shares of the firm’s stock in a transaction dated Wednesday, May 17th. The stock was acquired at an average cost of $4.00 per share, with a total value of $30,000.00. Following the completion of the acquisition, the chief executive officer now owns 23,312 shares of the company’s stock, valued at $93,248. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Jones Jonathan Brian Lloyd acquired 5,455 shares of the firm’s stock in a transaction dated Friday, March 24th. The stock was purchased at an average cost of $5.50 per share, with a total value of $30,002.50. Following the completion of the acquisition, the chief financial officer now directly owns 7,859 shares of the company’s stock, valued at approximately $43,224.50. The disclosure for this purchase can be found here. 19.25% of the stock is currently owned by corporate insiders.
An institutional investor recently bought a new position in Neuralstem stock. Alethea Capital Management LLC purchased a new stake in Neuralstem, Inc. (NASDAQ:CUR) during the first quarter, according to its most recent disclosure with the SEC. The firm purchased 164,394 shares of the company’s stock, valued at approximately $868,000. Alethea Capital Management LLC owned about 1.49% of Neuralstem as of its most recent SEC filing.
Neuralstem Company Profile
Neuralstem, Inc (Neuralstem) is a clinical-stage biopharmaceutical company. The Company is engaged in research, development and commercialization of central nervous system therapies based on its human neuronal stem cells and its stem-cell derived small molecule compounds. The Company has approximately three assets: its NSI-189 small molecule program, its NSI-566 stem cell therapy program and its chemical entity screening platform.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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