Sucampo Pharmaceuticals, Inc. (SCMP) Receives Average Recommendation of “Buy” from Brokerages
Sucampo Pharmaceuticals, Inc. (NASDAQ:SCMP) has been assigned an average recommendation of “Buy” from the fifteen research firms that are covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and two have given a strong 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 $21.45.
Several equities analysts recently issued reports on the company. Mizuho reaffirmed a “neutral” rating and issued a $18.00 price objective (up from $14.00) on shares of Sucampo Pharmaceuticals in a research report on Wednesday, January 3rd. Maxim Group cut Sucampo Pharmaceuticals to a “hold” rating in a research report on Monday, January 1st. ValuEngine raised Sucampo Pharmaceuticals from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. UBS Group cut Sucampo Pharmaceuticals from a “buy” rating to a “neutral” rating and set a $18.00 price objective on the stock. in a research report on Friday, January 5th. Finally, Leerink Swann reaffirmed a “market perform” rating and issued a $15.00 price objective on shares of Sucampo Pharmaceuticals in a research report on Tuesday, January 2nd.
Sucampo Pharmaceuticals (NASDAQ SCMP) opened at $17.95 on Friday. The stock has a market capitalization of $849.02, a P/E ratio of -5.46, a P/E/G ratio of 5.06 and a beta of 1.45. Sucampo Pharmaceuticals has a 12-month low of $9.30 and a 12-month high of $18.75. The company has a debt-to-equity ratio of 7.37, a current ratio of 5.11 and a quick ratio of 4.46.
In other news, insider Peter A. Kiener sold 50,000 shares of the stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $16.50, for a total transaction of $825,000.00. Following the transaction, the insider now directly owns 52,023 shares of the company’s stock, valued at approximately $858,379.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 4.13% of the stock is owned by corporate insiders.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Trexquant Investment LP bought a new position in shares of Sucampo Pharmaceuticals during the 3rd quarter valued at $122,000. Nine Chapters Capital Management LLC purchased a new stake in shares of Sucampo Pharmaceuticals in the 3rd quarter worth $127,000. JPMorgan Chase & Co. purchased a new stake in shares of Sucampo Pharmaceuticals in the 2nd quarter worth $117,000. Aperio Group LLC purchased a new stake in shares of Sucampo Pharmaceuticals in the 3rd quarter worth $137,000. Finally, SG Americas Securities LLC increased its stake in shares of Sucampo Pharmaceuticals by 5.6% in the 2nd quarter. SG Americas Securities LLC now owns 11,977 shares of the biopharmaceutical company’s stock worth $126,000 after purchasing an additional 631 shares in the last quarter. 64.55% of the stock is currently owned by hedge funds and other institutional investors.
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Sucampo Pharmaceuticals Company Profile
Sucampo Pharmaceuticals, Inc is a biopharmaceutical company. The Company is focused on the development and commercialization of pharmaceutical products. Its primary focus areas are gastroenterology, ophthalmology and oncology-related disorders. Its product candidates include VTS-270, Lubiprostone (AMITIZA), Unoprostone is opropyl (RESCULA) and CPP-1X/sulindac combination product.
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