Advanced Accelerator Applications S.A. (AAAP) Announces Earnings Results
Advanced Accelerator Applications S.A. (NASDAQ:AAAP) released its quarterly earnings results on Thursday. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.12) by $0.01, MarketWatch Earnings reports. Advanced Accelerator Applications had a negative net margin of 29.01% and a negative return on equity of 14.38%.
Advanced Accelerator Applications (NASDAQ AAAP) opened at 48.97 on Friday. The stock’s 50 day moving average is $46.49 and its 200-day moving average is $40.00. Advanced Accelerator Applications has a 12 month low of $23.50 and a 12 month high of $51.02. The firm’s market cap is $2.16 billion.
A number of research firms have issued reports on AAAP. Zacks Investment Research cut shares of Advanced Accelerator Applications from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. BidaskClub upgraded shares of Advanced Accelerator Applications from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. TheStreet cut shares of Advanced Accelerator Applications from a “c-” rating to a “d” rating in a report on Wednesday, June 14th. Canaccord Genuity set a $47.00 price target on shares of Advanced Accelerator Applications and gave the company a “buy” rating in a report on Thursday, July 27th. Finally, Jefferies Group LLC restated a “buy” rating and set a $50.00 price target on shares of Advanced Accelerator Applications in a report on Friday, June 23rd. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $52.00.
A hedge fund recently raised its stake in Advanced Accelerator Applications stock. State Street Corp raised its stake in Advanced Accelerator Applications S.A. (NASDAQ:AAAP) by 1.3% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 25,995 shares of the company’s stock after buying an additional 344 shares during the period. State Street Corp’s holdings in Advanced Accelerator Applications were worth $1,014,000 at the end of the most recent quarter. Institutional investors own 42.00% of the company’s stock.
TRADEMARK VIOLATION WARNING: “Advanced Accelerator Applications S.A. (AAAP) Announces Earnings Results” was reported by Watch List News and is owned by of Watch List News. If you are accessing this report on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://www.watchlistnews.com/advanced-accelerator-applications-s-a-aaap-announces-earnings-results/1535711.html.
About Advanced Accelerator Applications
Advanced Accelerator Applications SA is a radiopharmaceutical company. The Company develops, produces and commercializes molecular nuclear medicine (MNM), diagnostic and therapeutic products. MNM uses trace amounts of radioactive compounds to create functional images of organs and lesions and to treat diseases, such as cancer.
Receive News & Ratings for Advanced Accelerator Applications S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Accelerator Applications S.A. and related companies with Analyst Ratings Network's FREE daily email newsletter.