RedHill Biopharma Ltd – (RDHL) Trading Down 4.2%
RedHill Biopharma Ltd – (NASDAQ:RDHL) traded down 4.2% on Monday . The company traded as low as $15.19 and last traded at $15.39, with a volume of 59,290 shares changing hands. The stock had previously closed at $16.07.
A number of equities research analysts have weighed in on the stock. FBR & Co reissued a “buy” rating on shares of RedHill Biopharma Ltd – in a report on Tuesday, May 3rd. Zacks Investment Research downgraded shares of RedHill Biopharma Ltd – from a “buy” rating to a “hold” rating in a report on Wednesday, July 6th. Two investment analysts have rated the stock with a sell rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $26.00.
The stock’s market capitalization is $195.34 million. The company’s 50 day moving average price is $11.90 and its 200-day moving average price is $11.26.
RedHill Biopharma Ltd – (NASDAQ:RDHL) last released its quarterly earnings data on Wednesday, July 27th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.58) by $0.52. On average, equities research analysts predict that RedHill Biopharma Ltd – will post ($2.06) EPS for the current fiscal year.
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