Sunshine Heart Inc. (NASDAQ:SSH) had its price objective raised by analysts at S&P Equity Research from $0.18 to $0.23 in a research report issued on Tuesday. S&P Equity Research’s price target would suggest a potential downside of 6.12% from the stock’s current price.

Sunshine Heart (NASDAQ:SSH) traded down 11.8571% during mid-day trading on Tuesday, reaching $0.1851. 618,470 shares of the company traded hands. The firm’s market cap is $3.87 million. The stock’s 50-day moving average price is $0.27 and its 200-day moving average price is $0.60. Sunshine Heart has a one year low of $0.15 and a one year high of $1.87.

Sunshine Heart (NASDAQ:SSH) last released its quarterly earnings data on Tuesday, November 8th. The company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.20) by $0.07. The firm had revenue of $0.54 million for the quarter, compared to the consensus estimate of $0.70 million. The business’s revenue for the quarter was up 542999900.0% compared to the same quarter last year. During the same period last year, the firm earned ($0.36) earnings per share. Analysts forecast that Sunshine Heart will post ($0.75) earnings per share for the current fiscal year.

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5 Day Chart for NASDAQ:SSH

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