EndoChoice Holdings Inc. (NYSE:GI) shares saw strong trading volume on Friday . 147,856 shares were traded during trading, an increase of 92% from the previous session’s volume of 76,880 shares.The stock last traded at $4.03 and had previously closed at $4.13.

A number of equities analysts have recently issued reports on the stock. Stifel Nicolaus reduced their target price on shares of EndoChoice Holdings from $10.00 to $7.00 and set a “buy” rating on the stock in a research report on Thursday. William Blair lowered shares of EndoChoice Holdings from an “outperform” rating to a “market perform” rating in a research report on Thursday. JPMorgan Chase & Co. lowered shares of EndoChoice Holdings from an “overweight” rating to a “neutral” rating in a research report on Thursday. Finally, Zacks Investment Research lowered shares of EndoChoice Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $7.42.

The firm’s market cap is $100.69 million. The firm’s 50-day moving average is $4.90 and its 200 day moving average is $4.93.

EndoChoice Holdings (NYSE:GI) last released its quarterly earnings results on Wednesday, August 3rd. The company reported ($0.99) EPS for the quarter, missing analysts’ consensus estimates of ($0.52) by $0.47. The company had revenue of $19.30 million for the quarter, compared to analyst estimates of $20.67 million. During the same quarter last year, the company posted ($1.01) earnings per share. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. Equities research analysts predict that EndoChoice Holdings Inc. will post ($2.18) EPS for the current fiscal year.

An institutional investor recently raised its position in EndoChoice Holdings stock. Bank of Montreal Can boosted its stake in shares of EndoChoice Holdings Inc. (NYSE:GI) by 25.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 566,845 shares of the company’s stock after buying an additional 115,260 shares during the period. Bank of Montreal Can owned 2.29% of EndoChoice Holdings worth $4,733,000 as of its most recent filing with the SEC.

Endochoice Holdings, Inc, formerly ECPM Holdings, LLC, is a medical device company. The Company is focused on designing and commercializing a platform of products for gastrointestinal (GI) caregivers. It offers a range of products and services that span single-use devices and infection control products, pathology and imaging systems.

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