Shares of Senestech, Inc. (NASDAQ:SNES) hit a new 52-week low during trading on Thursday . The stock traded as low as $1.48 and last traded at $1.59, with a volume of 152200 shares. The stock had previously closed at $1.67.

Separately, Zacks Investment Research raised Senestech from a “sell” rating to a “hold” rating in a research note on Friday, September 8th.

The company has a current ratio of 2.94, a quick ratio of 2.67 and a debt-to-equity ratio of 0.17.

Senestech (NASDAQ:SNES) last released its earnings results on Wednesday, November 8th. The company reported ($0.28) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.31) by $0.03. The company had revenue of $0.02 million during the quarter, compared to analyst estimates of $0.25 million. Senestech had a negative return on equity of 190.41% and a negative net margin of 14,473.40%. analysts forecast that Senestech, Inc. will post -1.26 EPS for the current fiscal year.

In other Senestech news, COO Andrew Altman bought 20,000 shares of Senestech stock in a transaction dated Friday, August 18th. The stock was bought at an average cost of $2.77 per share, with a total value of $55,400.00. Following the completion of the acquisition, the chief operating officer now directly owns 2,600 shares in the company, valued at approximately $7,202. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders sold 36,000 shares of company stock valued at $76,080. 27.40% of the stock is currently owned by corporate insiders.

Several hedge funds have recently added to or reduced their stakes in SNES. White Pine Capital LLC bought a new position in shares of Senestech in the second quarter valued at approximately $110,000. Skylands Capital LLC grew its holdings in shares of Senestech by 139.8% in the third quarter. Skylands Capital LLC now owns 87,483 shares of the company’s stock valued at $162,000 after acquiring an additional 51,000 shares in the last quarter. TCI Wealth Advisors Inc. bought a new position in shares of Senestech in the third quarter valued at approximately $748,000. Gilder Gagnon Howe & Co. LLC grew its holdings in shares of Senestech by 3.0% in the third quarter. Gilder Gagnon Howe & Co. LLC now owns 1,078,499 shares of the company’s stock valued at $1,995,000 after acquiring an additional 31,330 shares in the last quarter. Finally, Prudential PLC grew its holdings in shares of Senestech by 49.3% in the second quarter. Prudential PLC now owns 447,971 shares of the company’s stock valued at $2,661,000 after acquiring an additional 147,971 shares in the last quarter. 20.24% of the stock is owned by institutional investors.

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About Senestech

SenesTech, Inc is a United States-based biotechnology platform and research company. The Company is engaged in developing a technology for managing animal populations by fertility control. It offers ContraPest, a fertility control product candidate. ContraPest’s technology and approach targets the reproductive capabilities of both sexes.

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