Sientra Inc. (SIEN) Stock Price Down 4.4%
Sientra Inc. (NASDAQ:SIEN) traded down 4.4% on Thursday . The company traded as low as $6.83 and last traded at $6.90, with a volume of 138,196 shares trading hands. The stock had previously closed at $7.22.
Separately, Zacks Investment Research upgraded shares of Sientra from a “sell” rating to a “hold” rating in a research note on Friday, June 24th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $28.50.
The company’s market capitalization is $123.79 million. The company has a 50 day moving average of $6.35 and a 200-day moving average of $7.12.
Sientra (NASDAQ:SIEN) last released its quarterly earnings data on Thursday, May 5th. The company reported ($0.66) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.74) by $0.08. Equities research analysts anticipate that Sientra Inc. will post ($2.03) earnings per share for the current fiscal year.
An institutional investor recently bought a new position in Sientra stock. Globeflex Capital L P acquired a new position in shares of Sientra Inc. (NASDAQ:SIEN) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 181,200 shares of the company’s stock, valued at approximately $1,073,000. Globeflex Capital L P owned approximately 1.01% of Sientra as of its most recent SEC filing.
Sientra, Inc is a medical aesthetics company. The Company’s primary products are silicone gel breast implants for use in breast augmentation and breast reconstruction procedures, which it offers in over 190 variations of shapes, sizes and textures. The Company sells its breast implants and breast tissue expanders, or breast products to plastic surgeons.
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