Senseonics Holdings Inc (NYSEAMERICAN:SENS) shares were up 11.8% during mid-day trading on Friday . The company traded as high as $3.11 and last traded at $3.04. Approximately 719,277 shares traded hands during trading, an increase of 51% from the average daily volume of 476,909 shares. The stock had previously closed at $2.72.

A number of research analysts have recently issued reports on SENS shares. Canaccord Genuity reiterated a “buy” rating on shares of Senseonics Holdings in a research report on Wednesday, November 1st. Zacks Investment Research lowered Senseonics Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th.

The company has a debt-to-equity ratio of 0.76, a current ratio of 2.93 and a quick ratio of 2.81.

Senseonics Holdings (NYSEAMERICAN:SENS) last announced its quarterly earnings data on Tuesday, October 31st. The company reported ($0.13) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.13). The company had revenue of $2.10 million for the quarter, compared to analyst estimates of $1.51 million. Senseonics Holdings had a negative return on equity of 1,681.27% and a negative net margin of 1,411.55%. The business’s revenue was up 425.0% compared to the same quarter last year. equities research analysts anticipate that Senseonics Holdings Inc will post -0.54 earnings per share for the current fiscal year.

In other Senseonics Holdings news, COO Mukul Jain sold 13,115 shares of the firm’s stock in a transaction on Monday, September 11th. The stock was sold at an average price of $3.25, for a total value of $42,623.75. Following the completion of the sale, the chief operating officer now directly owns 13,115 shares of the company’s stock, valued at approximately $42,623.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 34.10% of the stock is owned by company insiders.

A number of institutional investors have recently made changes to their positions in the stock. NEA Management Company LLC boosted its holdings in Senseonics Holdings by 27.1% during the 2nd quarter. NEA Management Company LLC now owns 33,425,275 shares of the company’s stock valued at $60,165,000 after acquiring an additional 7,119,989 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Senseonics Holdings by 33.1% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 350,750 shares of the company’s stock valued at $1,119,000 after buying an additional 87,188 shares during the period. ING Groep NV boosted its stake in shares of Senseonics Holdings by 87.7% in the 2nd quarter. ING Groep NV now owns 225,833 shares of the company’s stock valued at $406,000 after buying an additional 105,494 shares during the period. Goldman Sachs Group Inc. purchased a new position in shares of Senseonics Holdings in the 2nd quarter valued at about $276,000. Finally, LMR Partners LLP purchased a new position in shares of Senseonics Holdings in the 2nd quarter valued at about $177,000. Institutional investors own 30.66% of the company’s stock.

TRADEMARK VIOLATION WARNING: This report was originally published by Watch List News and is owned by of Watch List News. If you are viewing this report on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The original version of this report can be accessed at https://www.watchlistnews.com/senseonics-holdings-inc-sens-trading-up-11-8/1724652.html.

Senseonics Holdings Company Profile

Senseonics Holdings, Inc is a medical technology company. The Company focuses on the design, development and commercialization of glucose monitoring systems. The Company operates through glucose monitoring systems segment. It offers a continuous glucose monitoring (CGM) system, Eversense, which is designed an implantable CGM system designed to continually measure glucose levels in people with diabetes.

Receive News & Ratings for Senseonics Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Senseonics Holdings Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.