Senseonics Holdings Inc (NYSEAMERICAN:SENS)’s stock price shot up 8.3% during trading on Friday . The stock traded as high as $1.22 and last traded at $1.17, 4,404,200 shares changed hands during trading. An increase of 138% from the average session volume of 1,848,122 shares. The stock had previously closed at $1.08.
SENS has been the subject of a number of recent research reports. Zacks Investment Research lowered Senseonics from a “hold” rating to a “sell” rating in a research note on Saturday, May 11th. BTIG Research reissued a “buy” rating and issued a $2.00 price target on shares of Senseonics in a report on Sunday. Finally, Raymond James downgraded Senseonics from an “outperform” rating to a “market perform” rating in a report on Friday, July 5th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $4.00.
Senseonics (NYSEAMERICAN:SENS) last released its quarterly earnings data on Wednesday, August 7th. The company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.01). The firm had revenue of $4.61 million during the quarter, compared to analyst estimates of $4.53 million. The firm’s quarterly revenue was up 27.2% on a year-over-year basis. During the same period in the previous year, the company posted ($0.16) earnings per share.
About Senseonics (NYSEAMERICAN:SENS)
Senseonics Holdings, Inc, a medical technology company, designs, develops, and commercializes continuous glucose monitoring (CGM) systems for people with diabetes primarily in Europe. Its products include Eversense and Eversense XL, which are implantable CGM systems that is designed to continually and accurately measure glucose levels in people with diabetes for a period of up to 90 and 180 days.
Featured Article: How is a buy-side analyst different from a sell-side analyst?
Receive News & Ratings for Senseonics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Senseonics and related companies with MarketBeat.com's FREE daily email newsletter.