StockNews.com Initiates Coverage on SenesTech (NASDAQ:SNES)

StockNews.com began coverage on shares of SenesTech (NASDAQ:SNES) in a research report released on Monday. The brokerage issued a sell rating on the stock.

SenesTech Trading Up 2.1 %

Shares of SNES opened at $2.45 on Monday. SenesTech has a 1-year low of $1.30 and a 1-year high of $9.80. The company has a market capitalization of $4.35 million, a P/E ratio of -0.25 and a beta of -0.21. The company has a debt-to-equity ratio of 0.05, a current ratio of 6.32 and a quick ratio of 4.92. The firm’s 50 day simple moving average is $2.12 and its 200 day simple moving average is $2.64.

SenesTech (NASDAQ:SNES) last posted its quarterly earnings data on Wednesday, March 12th. The company reported ($1.22) earnings per share for the quarter, beating the consensus estimate of ($1.50) by $0.28. SenesTech had a negative net margin of 403.51% and a negative return on equity of 150.33%. The firm had revenue of $0.50 million for the quarter, compared to analysts’ expectations of $0.71 million. Sell-side analysts forecast that SenesTech will post -10.22 earnings per share for the current fiscal year.

About SenesTech

SenesTech, Inc develops a technology for managing animal pest populations through fertility control. It offers ContraPest, a liquid bait that limits reproduction of male and female rats. The company was incorporated in 2004 and is headquartered in Phoenix, Arizona.