The shares of Zynerba Pharmaceuticals, Inc. (NASDAQ:ZYNE) has been pegged with a rating of Buy by H.C. Wainwright in its latest research note that was published on February 1st, 2018. The research company has also assigned a $23 price target. H.C. Wainwright wasn’t the only research firm that published a report of Zynerba Pharmaceuticals, Inc., with other equities research analysts also giving their opinion on the stock. Ladenburg Thalmann advised investors in its research note published on January 29th, 2018, to Buy the ZYNE stock while also putting a $25.50 price target. The stock had earned Buy rating from Seaport Global Securities when it published its report on January 26th, 2018. That day the Seaport Global Securities set price target on the stock to $16. The stock was given Overweight rating by Cantor Fitzgerald in its report released on October 2nd, 2017, the day when the price target on the stock was placed at $17. Piper Jaffray was of a view that ZYNE is Overweight in its latest report on September 29th, 2017. ROTH Capital thinks that ZYNE is worth Buy rating. This was contained in the firm’s report on August 15th, 2017.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 1 believe it has the potential for further growth, thus rating it as Hold while 2 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $16.30. The price of the stock the last time has raised by 102.55% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 63.60.
The shares of the company added by 15.08% during the trading session on Tuesday, reaching a low of $4.92 while ending the day at $5.57. During the trading session, a total of 3.01 million shares were traded which represents a -327991.71% decline from the average session volume which is 917.05K shares. ZYNE had ended its last session trading at 4.84. Zynerba Pharmaceuticals, Inc. currently has a market cap of $115.63M while its P/E earnings growth sits at 1344.57, with a beta of 4.94. Zynerba Pharmaceuticals, Inc. debt-to-equity ratio currently stands at 0.00, while its quick ratio hovers at 6.90. ZYNE 52-week low price stands at $2.75 while its 52-week high price is $12.50.
The company in its last quarterly report recorded -$0.44 earnings per share which is above the -$0.65 predicted by most analysts. In the second quarter last year, the firm recorded -$0.47 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -6.82%. Zynerba Pharmaceuticals, Inc. has the potential to record -2.72 EPS for the current fiscal year, according to equities analysts.
Investment analysts at RBC Capital Mkts published a research note on November 2nd, 2018 where it informed investors and clients that Ventas, Inc. (NYSE:VTR) is now rated as Sector Perform. Ladenburg Thalmann also rated VTR as Initiated on January 29th, 2018, with its price target of $42 suggesting that VTR could surge by 0.02% from its current share price. Even though the stock has been trading at $61.51/share, analysts expect it to surge higher by -0.70% to reach $61.09/share. It started the day trading at $61.49 and traded between $60.735 and $61.08 throughout the trading session.
A look at its technical shows that VTR’s 50-day SMA is 62.52 while its 200-day SMA stands at 59.08. The stock has a high of $65.70 for the year while the low is $46.55. The company’s P/E ratio currently sits at 64.50, while the P/B ratio is 2.09. At the moment, only of Ventas, Inc. shares were sold short. The company’s average trading volume currently stands at 2.11M shares, which means that the short-interest ratio is just 2.38 days. Over the past seven days, the company moved, with its shift of -3.74%. Looking further, the stock has dropped -2.37% over the past 90 days while it gained 5.57% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more VTR shares, increasing its portfolio by +0.12% during the last quarter. This move now sees The Vanguard Group Inc purchasing 54,824 shares in the last quarter, thus it now holds 44,647,893 shares of VTR, with a total valuation of $2,801,655,286. BlackRock Fund Advisors meanwhile bought more VTR shares in the recently filed quarter, changing its stake to $1,648,670,534 worth of shares. SSgA Funds Management Inc followed the path by increasing its VTR portfolio by +1.50% in the quarter. This means that SSgA Funds Management Inc bought 311,198 shares in the last quarter and now controls 21,000,958 shares of the VTR stock, with the valuation hitting $1,317,810,115.
Similarly, Fidelity Management Research Co decreased its Ventas, Inc. shares by -4.14% during the recently filed quarter. After selling -467,746 shares in the last quarter, the firm now controls 10,841,701 shares of Ventas, Inc. which are valued at $680,316,738. In the same vein, Cohen Steers Capital Management increased its Ventas, Inc. shares by during the most recent reported quarter. The firm bought 8,876,600 shares during the quarter which increased its stakes to 10,509,102 shares and is now valued at $659,446,151. Following these latest developments, around 0.40% of Ventas, Inc. stocks are owned by institutional investors and hedge funds.