CRH Medical Corp (TSE:CRH) shares were down 0.6% on Monday . The stock traded as low as C$3.26 and last traded at C$3.34. Approximately 211,904 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 328,800 shares. The stock had previously closed at C$3.36.

Several research analysts have weighed in on CRH shares. TD Securities cut their price objective on CRH Medical from C$3.25 to C$2.50 and set a “hold” rating on the stock in a research report on Monday, November 6th. National Bank Financial cut their price objective on CRH Medical from C$5.25 to C$4.25 and set an “outperform” rating on the stock in a research report on Monday, November 6th. Scotiabank cut their price objective on CRH Medical from C$6.00 to C$4.25 and set an “outperform” rating on the stock in a research report on Friday, November 3rd. Finally, Royal Bank of Canada cut their price objective on CRH Medical from C$5.00 to C$4.50 and set an “outperform” rating on the stock in a research report on Thursday, November 2nd. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of C$3.88.

The firm has a market cap of $238.91, a PE ratio of 29.36 and a beta of 0.93.

CRH Medical (TSE:CRH) last posted its quarterly earnings data on Wednesday, November 1st. The company reported C$0.04 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of C$0.04. CRH Medical had a return on equity of 13.79% and a net margin of 14.77%.

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About CRH Medical

CRH Medical Corporation is a Canada-based healthcare products and services company. The Company focused on providing physicians with services and products for the treatment of gastrointestinal diseases. The Company also provides anesthesiology services to gastroenterologists in the United States through its subsidiaries.

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