Fluidigm (FLDM) Shares Up 0%
Fluidigm Co. (NASDAQ:FLDM) shares shot up 0% during trading on Monday . The stock traded as high as $6.65 and last traded at $6.58. 703,300 shares traded hands during trading, an increase of 271% from the average session volume of 189,793 shares. The stock had previously closed at $6.58.
Several research firms recently commented on FLDM. BidaskClub upgraded shares of Fluidigm from a “buy” rating to a “strong-buy” rating in a research note on Tuesday. Piper Jaffray Companies reiterated a “hold” rating and set a $6.10 price objective on shares of Fluidigm in a research note on Thursday, February 8th. Finally, ValuEngine lowered shares of Fluidigm from a “sell” rating to a “strong sell” rating in a research note on Friday, February 2nd.
The company has a current ratio of 3.02, a quick ratio of 2.46 and a debt-to-equity ratio of 5.00. The stock has a market capitalization of $292.18, a P/E ratio of -3.98 and a beta of 3.24.
In related news, insider Levin Capital Strategies, L.P. purchased 6,880 shares of the business’s stock in a transaction on Friday, November 17th. The shares were acquired at an average price of $5.05 per share, for a total transaction of $34,744.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders have acquired a total of 482,624 shares of company stock worth $2,917,895 in the last 90 days. 4.70% of the stock is currently owned by company insiders.
A number of institutional investors have recently modified their holdings of FLDM. Virtu KCG Holdings LLC acquired a new position in Fluidigm during the 2nd quarter valued at approximately $105,000. Sei Investments Co. increased its stake in Fluidigm by 221.7% during the 3rd quarter. Sei Investments Co. now owns 21,668 shares of the medical research company’s stock valued at $109,000 after purchasing an additional 14,932 shares in the last quarter. Group One Trading L.P. increased its stake in Fluidigm by 336.9% during the 3rd quarter. Group One Trading L.P. now owns 23,155 shares of the medical research company’s stock valued at $117,000 after purchasing an additional 17,855 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in Fluidigm during the 3rd quarter valued at approximately $123,000. Finally, Alliancebernstein L.P. increased its stake in Fluidigm by 18.4% during the 2nd quarter. Alliancebernstein L.P. now owns 45,700 shares of the medical research company’s stock valued at $185,000 after purchasing an additional 7,100 shares in the last quarter. Institutional investors and hedge funds own 94.79% of the company’s stock.
ILLEGAL ACTIVITY WARNING: “Fluidigm (FLDM) Shares Up 0%” was published by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of international copyright & trademark laws. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/fluidigm-fldm-shares-up-0/1864977.html.
Fluidigm Company Profile
Fluidigm Corporation creates, manufactures and markets technologies and life science tools focused on the exploration and analysis of single cells, as well as the industrial application of genomics, based upon the Company’s core microfluidics and mass cytometry technologies. The Company operates in the development, manufacturing and commercialization of life science tools for the life science and Ag-Bio industries segment.
Receive News & Ratings for Fluidigm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fluidigm and related companies with MarketBeat.com's FREE daily email newsletter.