Atossa Genetics (ATOS) Stock Price Down 6.7%

Atossa Genetics Inc (NASDAQ:ATOS)’s share price fell 6.7% during trading on Monday . The company traded as low as $2.70 and last traded at $2.78. 527,279 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 2,816,989 shares. The stock had previously closed at $2.98.

A number of brokerages have commented on ATOS. Maxim Group restated a “buy” rating and issued a $5.00 target price on shares of Atossa Genetics in a research note on Wednesday, January 9th. ValuEngine downgraded shares of Atossa Genetics from a “buy” rating to a “hold” rating in a research note on Tuesday, January 29th.

The company has a market capitalization of $26.50 million, a P/E ratio of -0.51 and a beta of 3.82.

A hedge fund recently bought a new stake in Atossa Genetics stock. Barclays PLC acquired a new stake in shares of Atossa Genetics Inc (NASDAQ:ATOS) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 32,384 shares of the company’s stock, valued at approximately $33,000. Barclays PLC owned approximately 0.57% of Atossa Genetics as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 13.87% of the company’s stock.

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About Atossa Genetics (NASDAQ:ATOS)

Atossa Genetics Inc a clinical-stage pharmaceutical company, focuses on the development and sale of novel therapeutics and delivery methods for the treatment of breast cancer and other breast conditions in the United States. The company is conducting a Phase 2 clinical study using microcatheters to deliver fulvestrant as a potential treatment of ductal carcinoma in situ and breast cancer; and a pharmaceutical program under development is Endoxifen, an active metabolite of tamoxifen, as well as treatment for breast density and other breast health conditions.

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