Zacks: Biodel Inc. (ALBO) Receives Consensus Rating of “Hold” from Analysts
Biodel Inc. (NASDAQ:ALBO) has received an average broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.
Zacks has also assigned Biodel an industry rank of 68 out of 265 based on the ratings given to related companies.
Shares of Biodel (NASDAQ:ALBO) traded up 1.7775% during midday trading on Friday, reaching $19.4395. 8,034 shares of the company were exchanged. The firm has a 50-day moving average of $23.42 and a 200 day moving average of $15.92. The firm’s market capitalization is $122.31 million. Biodel has a 52 week low of $6.66 and a 52 week high of $37.69.
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Biodel Company Profile
Biodel Inc is a specialty biopharmaceutical company. The Company focuses on the development and commercialization of treatments for diabetes. The Company is engaged in developing product candidates by applying its formulation technologies to existing drugs. The Company is engaged in developing room temperature stable glucagon presentations for use as a rescue treatment for diabetes patients experiencing severe hypoglycemia.
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