Enhanced Group (NYSE:ENHA) Rating Lowered to Strong Sell at Wall Street Zen

Enhanced Group (NYSE:ENHA) was downgraded by Wall Street Zen to a “strong sell” rating in a report issued on Saturday.

Several other research firms have also recently weighed in on ENHA. Canaccord Genuity Group restated a “buy” rating on shares of Enhanced Group in a research report on Tuesday, June 16th. Weiss Ratings initiated coverage on shares of Enhanced Group in a research report on Friday, May 29th. They set a “sell (e-)” rating on the stock. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $6.00.

Enhanced Group Stock Performance

Shares of ENHA stock opened at $2.78 on Friday. Enhanced Group has a 52 week low of $2.35 and a 52 week high of $14.00. The business’s fifty day simple moving average is $3.15.

Enhanced Group (NYSE:ENHA) last released its quarterly earnings results on Monday, May 4th. The company reported ($0.01) earnings per share (EPS) for the quarter.

About Enhanced Group

We are a blank check company incorporated in the British Virgin Islands as a business company with limited liability and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.