Advanced Accelerator Application SA (AAAP) Sees Strong Trading Volume
Advanced Accelerator Application SA (NASDAQ:AAAP) shares saw strong trading volume on Thursday . 125,051 shares were traded during trading, an increase of 121% from the previous session’s volume of 56,599 shares.The stock last traded at $31.00 and had previously closed at $30.98.
Several equities analysts recently weighed in on the stock. Canaccord Genuity restated a “buy” rating on shares of Advanced Accelerator Application SA in a report on Tuesday, May 31st. Zacks Investment Research upgraded shares of Advanced Accelerator Application SA from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a report on Thursday, April 28th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $35.67.
The company has a 50-day moving average price of $30.17 and a 200 day moving average price of $30.93. The stock’s market cap is $1.15 billion.
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, beating the Thomson Reuters’ consensus estimate of ($0.20) by $0.11. Equities research analysts expect that Advanced Accelerator Application SA will post ($0.50) earnings per share for the current fiscal 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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