Polarityte (COOL) Set to Announce Earnings on Wednesday
Polarityte (NASDAQ:COOL) will release its earnings data before the market opens on Wednesday, September 12th.
Polarityte (NASDAQ:COOL) last posted its quarterly earnings data on Thursday, June 14th. The company reported ($1.47) EPS for the quarter. On average, analysts expect Polarityte to post $-4 EPS for the current fiscal year and $-2 EPS for the next fiscal year.
NASDAQ:COOL opened at $26.18 on Wednesday. Polarityte has a 52 week low of $15.21 and a 52 week high of $41.22.
A hedge fund recently bought a new stake in Polarityte stock. Bank of New York Mellon Corp bought a new stake in shares of Polarityte Inc (NASDAQ:COOL) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 20,535 shares of the company’s stock, valued at approximately $484,000. Bank of New York Mellon Corp owned 0.10% of Polarityte as of its most recent SEC filing. Institutional investors own 43.14% of the company’s stock.
A number of research firms have recently commented on COOL. Zacks Investment Research raised shares of Polarityte from a “sell” rating to a “hold” rating in a research note on Monday, August 27th. BidaskClub raised shares of Polarityte from a “hold” rating to a “buy” rating in a research note on Saturday, August 18th. ValuEngine raised shares of Polarityte from a “hold” rating to a “buy” rating in a research note on Thursday, July 26th. Finally, Cantor Fitzgerald set a $65.00 price objective on shares of Polarityte and gave the company a “buy” rating in a research note on Wednesday, July 25th.
PolarityTE, Inc operates as commercial-stage biotechnology and regenerative biomaterials company in the United States. The company focuses on discovering, designing and developing a range of regenerative tissue products and biomaterials for the fields of medicine, biomedical engineering, and material sciences.
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