Maxim Group Reiterates $25.00 Price Target for Capnia, Inc. (SLNO)
Capnia, Inc. (NASDAQ:SLNO) received a $25.00 price objective from analysts at Maxim Group in a note issued to investors on Thursday. The firm currently has a “buy” rating on the stock.
Separately, ValuEngine raised Capnia from a “strong sell” rating to a “sell” rating in a research note on Friday, October 6th.
Capnia (NASDAQ SLNO) traded down 0.39% during trading on Thursday, reaching $2.56. The company’s stock had a trading volume of 62,358 shares. Capnia has a 52-week low of $0.49 and a 52-week high of $6.60. The stock’s market cap is $24.54 million. The firm has a 50 day moving average price of $2.75 and a 200-day moving average price of $2.86.
Capnia (NASDAQ:SLNO) last announced its earnings results on Friday, August 11th. The company reported ($0.30) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.40) by $0.10. Capnia had a negative return on equity of 69.67% and a negative net margin of 1,389.76%. On average, analysts expect that Capnia will post ($1.35) earnings per share for the current year.
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Capnia Company Profile
Soleno Therapeutics, Inc, formerly Capnia, Inc, is a healthcare company that develops and commercializes neonatology devices and diagnostics. The Company also has a therapeutics platform based on its proprietary technology for precision metering of gas flow. The Company offers products, such as CoSense end-tidal carbon monoxide (ETCO) Monitor, NeoPIP Infant Resuscitator and Accessories, and Serenz Nasal Relief.
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