The research firm Initiated the Athersys, Inc. (ATHX) to Buy

The biopharmaceutical company reported ($0.10) EPS for the quarter, missing the Zacks' consensus estimate of ($0.08) by $0.02.

The target price for Athersys, Inc. The company is also developing other orally active pharmaceutical product candidates for the treatment of metabolic and central nervous system disorders, utilizing proprietary technologies, including Random Activation of Gene Expression (RAGE).

Its MultiStem cell therapy product, is a patented, for off-the-shelf, human stem cell product that was at first intended for disease indications in the neurological, cardiovascular, inflammatory and immune disease areas.

A number of other analysts have also commented on ATHX. Needham & Company LLC started coverage on Athersys in a report on Tuesday, February 7th.

The stock was able to keep return on assets at 11.37% in the trailing twelve month while Reuters data showed that industry's average stands at -1,869.10% and sector's optimum level is -7.86%. Maxim Group set a $9.00 price objective on Athersys and gave the stock a "buy" rating in a report on Saturday, March 11th.

According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 1 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell.

Stock is now moving with a negative distance from the 200 day simple moving average of approximately -1.12%, and has a solid year to date (YTD) performance of 11.76% which means the stock is constantly adding to its value from the previous fiscal year end price. Number of analysts are covering this stock and now stock has got OUTPERFORM rating from 5 analysts of Thomson Reuters, no analyst given HOLD rating to the stock and 0 given UNDERPERFORM rating.

The number of shares now held by investors is 109.8 Million.

A 52-week high/low is the highest and lowest price that a stock has traded at during the previous year. The company's market cap is $186.15 Million, and the average volume is $1.22 Million. (ATHX) is $7/share according to the consensus of analysts working on the stock, with an expected EPS of $-0.07/share for the current quarter.

For the current quarter, the highest estimate analysts provided is 1.13 Million and the lowest is 340 Million. The stock is showing its Operating Margin of 22.8 percent. The business's revenue for the quarter was down 90.7% on a year-over-year basis. (ATHX) is its Earnings per Share or EPS.

Analysts estimated $-0.08/share for the previous Quarter, where Athersys, Inc. If you are viewing this story on another website, it was illegally copied and republished in violation of United States & worldwide trademark & copyright law. Schwab Charles Investment Management Inc. bought a new position in Athersys during the second quarter valued at approximately $261,000.

Considering the performance, Athersys, Inc. The year ago sales the company reported in the same quarter is 15.46 Million. Russell Investments Group Ltd. acquired a new position in Athersys during the fourth quarter valued at about $617,000. Buy rating has been given by 1 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 19 analysts given HOLD rating. Prudential PLC raised its position in Athersys by 8.9% in the fourth quarter. NEXT Financial Group Inc now owns 106,100 shares of the biopharmaceutical company's stock valued at $226,000 after buying an additional 13,350 shares in the last quarter.

Recommended News

  • Woods leads protest as Lexi loses after TV viewer's complaint

    Ryu closed with birdie to take a one-stroke lead into the clubhouse and await the final grouping of Thompson and Suzann Petterson. Someone watching Saturday's round on TV noticed Thompson "did not properly replace her ball" ahead of her putt on the 17th hole.

    When does the 2017 Masters golf tournament start? (TV, begin time)

    Danny Willett reflects on his memorable 2016 Masters victory in a Sky Sports special documentary - Steel Magnolia. In fact, only six of the last 11 Masters champs have played the week prior - almost split right down the middle.
    Kevin Durant explains scary hours after knee injury: 'I heard a crack'

    Kevin Durant explains scary hours after knee injury: 'I heard a crack'

    The Warriors do not play the Thunder again in the regular season, but there is a chance the two teams can meet in the playoffs. Durant's original diagnosis was (much) worse than what actually transpired, and he indicated that to Simmons .
  • WWE WrestleMania 33 Result (2017) - Randy Orton is WWE Champion

    The match featured some freaky images of maggots and worms appearing in the ring with a prone Orton lying inside it several times. The cruiserweight champion was defended by Neville and Austin Aries showed why he is a legitimate challenger for his title.
    Nike Inc (NYSE:NKE), Oclaro, Inc. (NASDAQ:OCLR)

    Nike Inc (NYSE:NKE), Oclaro, Inc. (NASDAQ:OCLR)

    Short interest on Nike surged 25.2% during the two most recent reporting periods, and now almost 33 million shares are sold short. Nike is doing an admirable job delivering earnings growth and returning capital to investors in this hard retail environment.
    Most Active Stock: Marathon Oil Corporation (MRO)

    Most Active Stock: Marathon Oil Corporation (MRO)

    Following the completion of the purchase, the director now owns 8,776 shares in the company, valued at approximately $438,273.44. CWM LLC now owns 10,707 shares of the company's stock worth $435,000 after buying an additional 10,604 shares during the period.
  • Deutsche Bank AG Reaffirms Buy Rating for Just Eat PLC (JE)

    The shares were acquired at an average price of GBX 1,150 ($14.45) per share, with a total value of £632,500 ($794,897.57). The stock has a 50 day moving average price of GBX 107.87 and a 200 day moving average price of GBX 108.04.
    Kate pays homage to Paris fashion with Chanel coat

    Kate pays homage to Paris fashion with Chanel coat

    William and Kate concluded their visit by joining fans at a Wales versus France rugby match at the Stade de France. The duchess wore this Catherine Walker coat when she met with President Francois Hollande at the Elysee Palace.

    Apple launches iPhone 7 Red and we love it!

    Apples latest collection is innovative yet trendy but the new compilation only offers new look with the same old packaging. This special edition iPhone RED will be made available for online orders worldwide and in stores as well starting Friday.
  • Girls in leggings barred from flight over dress code

    Girls in leggings barred from flight over dress code

    United Airlines is defending its decision to ban two girls from a flight with their father because they were wearing leggings. The dress code bars pass travellers from wearing spandex or Lycra trousers , including leggings .

    Nintendo Switch users need to watch out for this unsafe scam

    But in regards to [ Breath of the Wild ] I think we will see small incremental improvements in nearly every future Cemu release . Once the software is downloaded, users are prompted to fill out a survey in order to receive an unlock code.
    Have you noticed this weird new show on your Netflix feed today?

    Have you noticed this weird new show on your Netflix feed today?

    April Fools' falls on a Saturday this year, which means companies in on the gag are trotting out their pranks a bit early. When you go to the Netflix homepage on March 31, you will see " Netflix Live: Sneak Peek".

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.