Shares of Corium International, Inc. (NASDAQ:CORI) have been given an average recommendation of “Buy” by the ten analysts that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $13.17.

CORI has been the subject of a number of analyst reports. BidaskClub lowered Corium International from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. Needham & Company LLC restated a “buy” rating and issued a $13.00 price objective on shares of Corium International in a research note on Sunday, September 17th. ValuEngine upgraded Corium International from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. HC Wainwright set a $15.00 price objective on Corium International and gave the company a “buy” rating in a research note on Friday, November 17th. Finally, Jefferies Group set a $10.00 price objective on Corium International and gave the company a “buy” rating in a research note on Sunday, October 29th.

Corium International (NASDAQ CORI) traded up $0.05 during midday trading on Thursday, reaching $10.81. The company had a trading volume of 118,200 shares, compared to its average volume of 183,431. Corium International has a twelve month low of $2.67 and a twelve month high of $12.32. The company has a quick ratio of 6.80, a current ratio of 7.04 and a debt-to-equity ratio of 1.89.

In other Corium International news, major shareholder Healthcare Master Fun Broadfin sold 150,000 shares of the company’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $11.05, for a total value of $1,657,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 868,100 shares of company stock valued at $9,538,781 in the last 90 days. Corporate insiders own 46.50% of the company’s stock.

Several hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp grew its stake in shares of Corium International by 33.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 88,445 shares of the biopharmaceutical company’s stock worth $980,000 after acquiring an additional 22,285 shares during the period. California State Teachers Retirement System bought a new position in shares of Corium International during the 2nd quarter worth $263,000. State Street Corp bought a new position in shares of Corium International during the 2nd quarter worth $1,840,000. Stonepine Capital Management LLC bought a new position in shares of Corium International during the 2nd quarter worth $3,085,000. Finally, EAM Investors LLC bought a new position in shares of Corium International during the 2nd quarter worth $563,000. Institutional investors own 89.35% of the company’s stock.

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About Corium International

Corium International, Inc is a commercial-stage biopharmaceutical company focused on the development, manufacture and commercialization of specialty pharmaceutical products. As of September 30, 2016, the Company had multiple programs in preclinical and clinical development focused primarily on the treatment of neurological disorders, with two lead programs in Alzheimer’s disease.

Analyst Recommendations for Corium International (NASDAQ:CORI)

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