BidaskClub Downgrades Enzymotec (ENZY) to Sell
Enzymotec (NASDAQ:ENZY) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.
Several other analysts have also recently weighed in on the company. Wells Fargo & Co lifted their price target on Enzymotec from $9.50 to $12.00 and gave the stock a “market perform” rating in a report on Monday, October 30th. Zacks Investment Research raised Enzymotec from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 17th. Finally, Jefferies Group reissued a “hold” rating and set a $11.50 price target on shares of Enzymotec in a report on Thursday, October 19th. One analyst has rated the stock with a sell rating and four have given a hold rating to the stock. Enzymotec presently has a consensus rating of “Hold” and an average target price of $11.75.
Enzymotec (NASDAQ ENZY) remained flat at $$11.85 during trading hours on Friday. The company had a trading volume of 54,689 shares, compared to its average volume of 101,553. The firm has a market capitalization of $277.62, a price-to-earnings ratio of -43.89, a PEG ratio of 3.19 and a beta of 1.22. Enzymotec has a 1 year low of $6.30 and a 1 year high of $12.35.
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Enzymotec Company Profile
Enzymotec Ltd. is a nutritional ingredients and medical foods company. The Company’s technologies, research expertise and clinical validation process enables it to develop solutions across a range of products. The Company operates in two segments: Nutrition segment and VAYA Pharma segment. Both of the Company’s segments offer a range of products that leverage its lipid-related offerings.
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