Advanced Accelerator Application SA (NASDAQ:AAAP)’s share price shot up 1.7% on Monday . The company traded as high as $32.59 and last traded at $31.02, with a volume of 147,239 shares traded. The stock had previously closed at $30.51.

A number of brokerages recently weighed in on AAAP. Zacks Investment Research upgraded shares of Advanced Accelerator Application SA from a “sell” rating to a “hold” rating in a report on Tuesday, July 5th. Canaccord Genuity restated a “buy” rating on shares of Advanced Accelerator Application SA in a report on Tuesday, May 31st. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. Advanced Accelerator Application SA presently has a consensus rating of “Buy” and an average price target of $35.67.

The company’s market cap is $1.15 billion. The company’s 50-day moving average is $30.20 and its 200-day moving average is $30.89.

Advanced Accelerator Application SA (NASDAQ:AAAP) last issued its quarterly earnings results on Friday, April 29th. The company reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.11. Analysts predict that Advanced Accelerator Application SA will post ($0.50) EPS for the current year.

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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