Pluristem Therapeutics (PSTI) Trading 5.9% Higher
Pluristem Therapeutics Inc. (NASDAQ:PSTI) shares traded up 5.9% during trading on Tuesday . The company traded as high as $1.65 and last traded at $1.61. 933,500 shares traded hands during trading, an increase of 114% from the average session volume of 436,956 shares. The stock had previously closed at $1.52.
A number of research analysts have recently commented on the stock. Maxim Group set a $3.00 target price on shares of Pluristem Therapeutics and gave the stock a “buy” rating in a research report on Thursday, October 26th. HC Wainwright set a $4.00 target price on shares of Pluristem Therapeutics and gave the stock a “buy” rating in a research report on Tuesday. Zacks Investment Research cut shares of Pluristem Therapeutics from a “hold” rating to a “sell” rating in a research report on Friday, September 22nd. ValuEngine raised shares of Pluristem Therapeutics from a “strong sell” rating to a “sell” rating in a research report on Monday, October 2nd. Finally, Seaport Global Securities reissued a “buy” rating and set a $5.00 target price on shares of Pluristem Therapeutics in a research report on Friday, October 6th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $4.00.
Pluristem Therapeutics (NASDAQ:PSTI) last posted its earnings results on Tuesday, November 14th. The biotechnology company reported ($0.08) EPS for the quarter, hitting analysts’ consensus estimates of ($0.08). equities analysts expect that Pluristem Therapeutics Inc. will post -0.34 EPS for the current fiscal year.
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About Pluristem Therapeutics
Pluristem Therapeutics Inc is a developer of placenta-based cell therapy product candidates for the treatment of multiple ischemic, inflammatory and hematologic conditions. The Company’s lead indications are critical limb ischemia (CLI), recovery after surgery for femoral neck fracture and acute radiation syndrome.
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