Senestech, Inc. (NASDAQ:SNES) received a $3.00 target price from equities researchers at Craig Hallum in a report released on Wednesday. The firm presently has a “buy” rating on the stock. Craig Hallum’s target price indicates a potential upside of 233.33% from the company’s current price.

Separately, Zacks Investment Research downgraded shares of Senestech from a “hold” rating to a “sell” rating in a report on Wednesday, August 16th.

Senestech (NASDAQ:SNES) traded up $0.02 during trading on Wednesday, reaching $0.90. 285,738 shares of the company were exchanged, compared to its average volume of 522,847. Senestech has a 52-week low of $0.81 and a 52-week high of $10.69. The company has a quick ratio of 2.67, a current ratio of 2.94 and a debt-to-equity ratio of 0.17.

Senestech (NASDAQ:SNES) last released its earnings results on Wednesday, November 8th. The company reported ($0.28) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.31) by $0.03. Senestech had a negative net margin of 14,473.40% and a negative return on equity of 190.41%. The firm had revenue of $0.02 million during the quarter, compared to the consensus estimate of $0.25 million. research analysts predict that Senestech will post -1.26 earnings per share for the current year.

A number of hedge funds have recently made changes to their positions in SNES. Gilder Gagnon Howe & Co. LLC increased its stake in Senestech by 3.0% during the third quarter. Gilder Gagnon Howe & Co. LLC now owns 1,078,499 shares of the company’s stock valued at $1,995,000 after purchasing an additional 31,330 shares during the last quarter. TCI Wealth Advisors Inc. acquired a new position in Senestech during the third quarter valued at approximately $748,000. Skylands Capital LLC grew its holdings in Senestech by 139.8% during the third quarter. Skylands Capital LLC now owns 87,483 shares of the company’s stock valued at $162,000 after purchasing an additional 51,000 shares during the last quarter. Prudential PLC grew its holdings in Senestech by 49.3% during the second quarter. Prudential PLC now owns 447,971 shares of the company’s stock valued at $2,661,000 after purchasing an additional 147,971 shares during the last quarter. Finally, White Pine Capital LLC acquired a new position in Senestech during the second quarter valued at approximately $110,000. 20.73% of the stock is currently owned by hedge funds and other institutional investors.

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About Senestech

SenesTech, Inc is a United States-based biotechnology platform and research company. The Company is engaged in developing a technology for managing animal populations by fertility control. It offers ContraPest, a fertility control product candidate. ContraPest’s technology and approach targets the reproductive capabilities of both sexes.

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