Public Employees Retirement System of Ohio Takes Position in Cuprina Holdings (Cayman) LTD $CUPR

Public Employees Retirement System of Ohio bought a new stake in shares of Cuprina Holdings (Cayman) LTD (NASDAQ:CUPR) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 3,383,483 shares of the company’s stock, valued at approximately $45,203,000. Public Employees Retirement System of Ohio owned approximately 367.77% of Cuprina Holdings (Cayman) at the end of the most recent quarter.

Separately, Manning & Napier Advisors LLC acquired a new position in Cuprina Holdings (Cayman) in the second quarter valued at $168,748,000.

Cuprina Holdings (Cayman) Stock Up 6.5%

NASDAQ:CUPR opened at $3.13 on Friday. The firm has a 50-day moving average of $3.91 and a two-hundred day moving average of $3.24. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.35 and a quick ratio of 2.35. Cuprina Holdings has a 1-year low of $1.76 and a 1-year high of $19.60.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Cuprina Holdings (Cayman) from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

About Cuprina Holdings (Cayman)

We are a Singapore-based biomedical and biotechnology company that is dedicated to the development and commercialization of innovative products for the management of chronic wounds, as well as operating in the health and beauty sectors. Our expertise in biomedical research allows us to identify and utilize materials derived from natural sources to develop wound care products in the form of medical devices which meet international standards. We believe we will be able to build upon and leverage such expertise to develop innovative cosmeceutical products in the future.