HC Wainwright Reiterates $12.00 Price Target for Strata Skin Sciences, Inc. (NASDAQ:SSKN)
Strata Skin Sciences, Inc. (NASDAQ:SSKN) has been assigned a $12.00 price target by stock analysts at HC Wainwright in a research note issued on Friday. The firm currently has a “buy” rating on the medical device company’s stock.
Several other brokerages have also commented on SSKN. ValuEngine raised Strata Skin Sciences from a “strong sell” rating to a “sell” rating in a research report on Friday, June 16th. Rodman & Renshaw raised their price objective on Strata Skin Sciences from $1.50 to $12.00 and gave the company a “buy” rating in a research report on Tuesday, May 16th.
Strata Skin Sciences (SSKN) traded down 11.28% on Friday, reaching $1.73. 30,685 shares of the company’s stock traded hands. The firm’s market capitalization is $4.29 million. The firm’s 50 day moving average price is $2.07 and its 200 day moving average price is $1.80. Strata Skin Sciences has a 52-week low of $1.65 and a 52-week high of $5.40.
Strata Skin Sciences (NASDAQ:SSKN) last announced its quarterly earnings data on Thursday, August 10th. The medical device company reported ($0.52) EPS for the quarter, beating the consensus estimate of ($0.71) by $0.19. The business had revenue of $8.70 million during the quarter, compared to analyst estimates of $7.98 million. Strata Skin Sciences had a negative return on equity of 39.57% and a negative net margin of 18.00%. On average, analysts predict that Strata Skin Sciences will post ($2.23) EPS for the current fiscal year.
Strata Skin Sciences Company Profile
STRATA Skin Sciences, Inc, formerly MELA Sciences, Inc, is a medical technology company. The Company is engaged in developing and commercializing products for the diagnosis and treatment of dermatological disorders. The Company has three segments: Dermatology Recurring Procedures, Dermatology Procedures Equipment and Dermatology Imaging.
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