Shares of Senomyx Inc. (NASDAQ:SNMX) traded down 1.7% on Tuesday . The company traded as low as $4.50 and last traded at $4.55, with a volume of 94,229 shares traded. The stock had previously closed at $4.63.

Separately, Zacks Investment Research lowered shares of Senomyx from a “buy” rating to a “hold” rating in a research note on Saturday.

The company’s 50-day moving average is $3.36 and its 200 day moving average is $2.93. The company’s market cap is $205.46 million.

Senomyx (NASDAQ:SNMX) last posted its quarterly earnings results on Thursday, July 28th. The company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.01. The business earned $6.60 million during the quarter, compared to analysts’ expectations of $6.20 million. The firm’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.06) EPS. Equities research analysts anticipate that Senomyx Inc. will post ($0.25) EPS for the current fiscal year.

Senomyx, Inc is focused on using taste receptor technologies to discover, develop and commercialize flavor ingredients for the packaged food, beverage and ingredient supply industries. The Company operates through development and commercialization of flavor ingredients segment. It is engaged in the discovery, development and/or commercialization of flavor ingredients through over five programs.

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