Sientra Inc. (SIEN) Shares Down 4.4%
Sientra Inc. (NASDAQ:SIEN)’s share price was down 4.4% on Thursday . The company traded as low as $6.83 and last traded at $6.90, with a volume of 138,196 shares traded. The stock had previously closed at $7.22.
Separately, Zacks Investment Research raised Sientra from a “sell” rating to a “hold” rating in a research note on Saturday, May 21st. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Sientra presently has a consensus rating of “Buy” and a consensus target price of $28.50.
The company’s 50-day moving average price is $6.40 and its 200 day moving average price is $7.12. The stock’s market capitalization is $126.32 million.
Sientra (NASDAQ:SIEN) last issued its quarterly earnings results on Thursday, May 5th. The company reported ($0.66) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.74) by $0.08. On average, equities research analysts anticipate that Sientra Inc. will post ($2.03) EPS for the current year.
A hedge fund recently bought a new stake in Sientra stock. Globeflex Capital L P purchased a new position in Sientra Inc. (NASDAQ:SIEN) during the fourth quarter, Holdings Channel reports. The fund purchased 181,200 shares of the company’s stock, valued at approximately $1,073,000. Globeflex Capital L P owned approximately 1.01% of Sientra as of its most recent filing with the SEC.
Sientra, Inc is a medical aesthetics company. The Company’s primary products are silicone gel breast implants for use in breast augmentation and breast reconstruction procedures, which it offers in over 190 variations of shapes, sizes and textures. The Company sells its breast implants and breast tissue expanders, or breast products to plastic surgeons.
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