Shares of Advanced Accelerator Application SA (NASDAQ:AAAP) saw strong trading volume on Thursday . 72,599 shares changed hands during mid-day trading, an increase of 25% from the previous session’s volume of 57,875 shares.The stock last traded at $30.44 and had previously closed at $30.23.

A number of analysts have recently commented on the company. Zacks Investment Research raised Advanced Accelerator Application SA from a “sell” rating to a “hold” rating in a research report on Tuesday. JPMorgan Chase & Co. dropped their price target on Advanced Accelerator Application SA from $44.00 to $36.00 and set a “market outperform” rating on the stock in a research report on Wednesday, March 9th. JMP Securities dropped their price target on Advanced Accelerator Application SA from $44.00 to $36.00 and set a “market outperform” rating on the stock in a research report on Wednesday, March 9th. Canaccord Genuity reissued a “buy” rating on shares of Advanced Accelerator Application SA in a research report on Tuesday, May 31st. Finally, Citigroup Inc. reissued a “neutral” rating and issued a $36.00 price target (up from $32.00) on shares of Advanced Accelerator Application SA in a research report on Wednesday, March 16th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $35.67.

The stock’s market capitalization is $1.14 billion. The firm has a 50-day moving average price of $29.68 and a 200 day moving average price of $30.85.

Advanced Accelerator Application SA (NASDAQ:AAAP) last posted its quarterly earnings data on Friday, April 29th. The company reported ($0.09) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.20) by $0.11. Equities research analysts anticipate that Advanced Accelerator Application SA will post ($0.46) earnings per share for the current year.

A hedge fund recently bought a new stake in Advanced Accelerator Application SA stock. Alps Advisors Inc. bought a new position in Advanced Accelerator Application SA (NASDAQ:AAAP) during the fourth quarter, Holdings Channel reports. The firm bought 50,816 shares of the company’s stock, valued at approximately $1,589,000. Alps Advisors Inc. owned 0.15% of Advanced Accelerator Application SA at the end of the most recent reporting period.

Advanced Accelerator Applications SA is a radiopharmaceutical company that develops, produces and sells molecular nuclear medicine (MNM), diagnostic and therapeutic products. The Company’s lead therapeutic candidate, Lutathera, is being developed for the treatment of midgut neuroendocrine tumors (NETs).

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