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.

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