Athersys, Inc. (NASDAQ:ATHX) registered a 3.67% increase, still its new closing price is 10.78% up from the company’s 1 year high of 2.90.It posted -25.66% losses in previous 5 sessions and is now the subject of 0 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 1 buy or better ratings. The 3 stock analysts following this company have an average price target at $7.67, with individual PT in the $4.00-$10.00 range. The shares moved at $1.13, implying that brokerage firms see shares losing about -8.87% in twelve months time.
Athersys, Inc. (ATHX) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a -26.14% fall year to date. A Director at Athersys, Inc. (ATHX) acquired shares in a transaction closed on Wednesday February 01, 2017. Kola Ismail bought 15,000 shares in the company at $1.01 each and collected $15,000 in proceeds. Kola Ismail now owns 15,000 shares in the company after this transaction. A Director in the company, Davis Jordan, disclosed a transaction on Wednesday February 01, 2017 that ended up paying $249,001 from the purchase of 247,500 shares at $1.01 per share.
Athersys, Inc. (NASDAQ:ATHX) Upcoming Results on Tap
Athersys, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.07 in that period. Sales during the quarter are predicted to arrive at $0.
Earnings surprise history: Last quarter, the company posted approximately $0 in revenue and EPS of $-0.07. The mean forecast was for $1 and $-0.09 a share, respectively. One quarter earlier, revenue for the stock was at $1, with earnings at $-0.08/share.
Athersys, Inc. (ATHX) Brokerage Update
Athersys, Inc. (ATHX) is in Piper Jaffray’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Overweight by Piper Jaffray, according to news reported on Thursday July 09, 2015.Another important research note was issued by WBB Securities on Friday July 30, 2010.The firm upgraded ATHX to Strong Buy from Buy. Over the last six months and over the last three months, the shares of Athersys, Inc. (ATHX), have changed -46.70% and -37.57%, respectively.
