Senomyx Inc. (SNMX) Stock Price Up 4.3%
Senomyx Inc. (NASDAQ:SNMX) shares rose 4.3% on Friday . The stock traded as high as $4.40 and last traded at $4.36, with a volume of 117,826 shares traded. The stock had previously closed at $4.18.
Separately, Zacks Investment Research raised Senomyx from a “hold” rating to a “buy” rating and set a $2.75 price objective on the stock in a research report on Tuesday, May 10th.
The company’s 50-day moving average price is $3.48 and its 200 day moving average price is $2.95. The stock’s market cap is $192.48 million.
Senomyx (NASDAQ:SNMX) last posted its quarterly earnings data on Thursday, July 28th. The company reported ($0.05) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.01. During the same period last year, the business earned ($0.06) EPS. The company had revenue of $6.60 million for the quarter, compared to the consensus estimate of $6.20 million. The firm’s quarterly revenue was up 6.5% on a year-over-year basis. Equities analysts forecast that Senomyx Inc. will post ($0.25) earnings per share 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.