RedHill Biopharma Ltd – (RDHL) Trading Up 4%
RedHill Biopharma Ltd – (NASDAQ:RDHL) was up 4% on Monday . The company traded as high as $12.25 and last traded at $11.75, with a volume of 71,476 shares trading hands. The stock had previously closed at $11.30.
A number of equities research analysts recently weighed in on RDHL shares. Zacks Investment Research cut shares of RedHill Biopharma Ltd – from a “buy” rating to a “hold” rating in a research note on Saturday, March 26th. FBR & Co restated a “buy” rating on shares of RedHill Biopharma Ltd – in a research note on Tuesday, May 3rd. Finally, Nomura Holdings Inc. restated a “buy” rating on shares of RedHill Biopharma Ltd – in a research note on Tuesday, March 29th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $26.29.
The firm’s market cap is $149.37 million. The company has a 50 day moving average of $10.74 and a 200 day moving average of $11.07.
RedHill Biopharma Ltd – (NASDAQ:RDHL) last released its quarterly earnings results on Wednesday, April 20th. The company reported $0.04 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.48) by $0.52. On average, equities analysts anticipate that RedHill Biopharma Ltd – will post ($1.85) EPS for the current year.
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