StockNews.com began coverage on shares of Senseonics (NYSE:SENS - Free Report) in a report released on Thursday morning. The firm issued a sell rating on the stock.
Senseonics Stock Up 5.0 %
Shares of Senseonics stock traded up $0.02 during midday trading on Thursday, reaching $0.47. 4,939,342 shares of the company's stock traded hands, compared to its average volume of 2,271,769. Senseonics has a 52 week low of $0.37 and a 52 week high of $1.05. The company has a debt-to-equity ratio of 1.79, a quick ratio of 3.70 and a current ratio of 3.96. The company's 50 day simple moving average is $0.43 and its 200 day simple moving average is $0.51. The company has a market cap of $249.04 million, a price-to-earnings ratio of -3.35 and a beta of 0.82.
Senseonics (NYSE:SENS - Get Free Report) last posted its quarterly earnings data on Monday, May 13th. The company reported ($0.03) EPS for the quarter, hitting analysts' consensus estimates of ($0.03). Senseonics had a negative return on equity of 202.32% and a negative net margin of 346.38%. The business had revenue of $5.05 million for the quarter, compared to analyst estimates of $4.76 million. Equities analysts expect that Senseonics will post -0.12 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Senseonics
Several institutional investors and hedge funds have recently modified their holdings of the stock. RPO LLC bought a new stake in shares of Senseonics during the 4th quarter valued at approximately $37,000. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Senseonics by 30.2% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 909,931 shares of the company's stock worth $483,000 after buying an additional 211,128 shares during the period. State Board of Administration of Florida Retirement System bought a new position in Senseonics during the first quarter worth $91,000. Vanguard Group Inc. boosted its position in Senseonics by 0.7% during the first quarter. Vanguard Group Inc. now owns 22,525,039 shares of the company's stock valued at $11,963,000 after acquiring an additional 155,715 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in Senseonics by 16.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 367,200 shares of the company's stock worth $196,000 after acquiring an additional 51,000 shares during the period. 12.36% of the stock is currently owned by institutional investors and hedge funds.
Senseonics Company Profile
(Get Free Report)
Senseonics Holdings, Inc, a medical technology company, focuses on development and manufacturing of continuous glucose monitoring (CGM) systems for people with diabetes in the United States and internationally. The company's products include Eversense, Eversense XL, and Eversense E3 that are implantable CGM systems to measure glucose levels in people with diabetes through an under-the-skin sensor, a removable and rechargeable smart transmitter, and a convenient app for real-time diabetes monitoring and management.
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