Inotek Pharmaceuticals (ITEK) Upgraded to “Strong-Buy” by BidaskClub
Inotek Pharmaceuticals (NASDAQ:ITEK) was upgraded by stock analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Friday.
Separately, Zacks Investment Research downgraded shares of Inotek Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Tuesday, September 12th.
Shares of Inotek Pharmaceuticals (NASDAQ:ITEK) traded down $0.16 during trading hours on Friday, hitting $3.04. 394,100 shares of the company’s stock were exchanged, compared to its average volume of 753,067. Inotek Pharmaceuticals has a 1 year low of $0.85 and a 1 year high of $3.80. The firm has a market cap of $340.28 and a price-to-earnings ratio of -2.19. The company has a debt-to-equity ratio of 0.97, a quick ratio of 27.63 and a current ratio of 27.63.
TRADEMARK VIOLATION NOTICE: “Inotek Pharmaceuticals (ITEK) Upgraded to “Strong-Buy” by BidaskClub” was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this report on another website, it was copied illegally and republished in violation of international trademark and copyright laws. The legal version of this report can be read at https://www.americanbankingnews.com/2018/01/05/inotek-pharmaceuticals-itek-upgraded-to-strong-buy-by-bidaskclub.html.
Inotek Pharmaceuticals Company Profile
Inotek Pharmaceuticals Corporation is a clinical-stage biopharmaceutical company. The Company is focused on the discovery, development and commercialization of therapies for glaucoma and other diseases of the eye. Its lead product candidate, trabodenoson, is a selective adenosine mimetic that the Company has designed to lower intraocular pressure (IOP) by restoring the eye’s natural pressure control mechanism.
Receive News & Ratings for Inotek Pharmaceuticals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inotek Pharmaceuticals and related companies with MarketBeat.com's FREE daily email newsletter.