Alimera Sciences, Inc. (NASDAQ:ALIM) major shareholder Armistice Capital Master Fund purchased 20,000 shares of Alimera Sciences stock in a transaction dated Tuesday, February 6th. The stock was acquired at an average price of $1.14 per share, for a total transaction of $22,800.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Alimera Sciences, Inc. (ALIM) remained flat at $$1.09 on Friday. The company’s stock had a trading volume of 256,305 shares, compared to its average volume of 164,086. The company has a market capitalization of $78.14, a PE ratio of -3.39 and a beta of 1.79. Alimera Sciences, Inc. has a 52-week low of $1.03 and a 52-week high of $1.72. The company has a debt-to-equity ratio of -0.71, a quick ratio of 4.65 and a current ratio of 4.84.
Several equities research analysts have recently weighed in on ALIM shares. ValuEngine upgraded Alimera Sciences from a “strong sell” rating to a “sell” rating in a report on Friday, October 20th. HC Wainwright reiterated a “buy” rating and issued a $5.00 price target on shares of Alimera Sciences in a report on Friday, October 27th. Cowen reiterated a “buy” rating on shares of Alimera Sciences in a report on Thursday, November 2nd. Finally, Zacks Investment Research downgraded Alimera Sciences from a “hold” rating to a “sell” rating in a report on Monday, November 27th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $3.38.
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Alimera Sciences Company Profile
Alimera Sciences, Inc (Alimera) is a pharmaceutical company. The Company is engaged in the research, development and commercialization of prescription ophthalmic pharmaceuticals. The Company operates through two segments: U.S. and International. The Company focuses on diseases affecting the back of the eye or retina.
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