Senseonics (SENS) Trading Down 5.7%
Senseonics Holdings Inc (NYSEAMERICAN:SENS) was down 5.7% during trading on Thursday . The company traded as low as $2.00 and last traded at $2.00. Approximately 1,563,542 shares were traded during mid-day trading, a decline of 7% from the average daily volume of 1,679,184 shares. The stock had previously closed at $2.12.
A number of research firms have weighed in on SENS. Piper Jaffray Companies began coverage on shares of Senseonics in a research note on Tuesday, January 29th. They issued a “neutral” rating on the stock. Zacks Investment Research downgraded shares of Senseonics from a “hold” rating to a “sell” rating in a report on Wednesday, January 30th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. Senseonics currently has an average rating of “Hold” and a consensus price target of $6.25.
Senseonics (NYSEAMERICAN:SENS) last issued its earnings results on Thursday, May 9th. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.05). The company had revenue of $3.42 million for the quarter, compared to the consensus estimate of $4.05 million.
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About Senseonics (NYSEAMERICAN:SENS)
Senseonics Holdings, Inc, a medical technology company, designs, develops, and commercializes continuous glucose monitoring (CGM) systems for people with diabetes primarily in Europe. Its products include Eversense and Eversense XL, which are implantable CGM systems that is designed to continually and accurately measure glucose levels in people with diabetes for a period of up to 90 and 180 days.
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