The price of Senseonics Holdings Inc. (AMEX:SENS) shares last traded on Wall Street rose 2.61% to $0.53.
Based on available information, 5 analysts follow Senseonics Holdings Inc. (AMEX:SENS). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $2.50 and a low of $0.50, we find $2.00. Given the previous closing price of $0.52, this indicates a potential upside of 284.62 percent. SENS stock price is now -33.73% away from the 50-day moving average and -41.22% away from the 200-day moving average. The market capitalization of the company currently stands at $254.60M.
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Among analysts, 1 rate the stock a hold while 2 rate it a buy. Brokers who have rated the stock have averaged $1.67 as their price target over the next twelve months.
With the price target of $0.50, Jefferies recently initiated with Underperform rating for Senseonics Holdings Inc. (AMEX: SENS).
Insiders disposed of 2,237,377 shares of company stock worth roughly $1.19 million over the past 1 year. A total of 1.30% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in SENS stock. A new stake in Senseonics Holdings Inc. shares was purchased by RENAISSANCE TECHNOLOGIES LLC during the first quarter worth $943,000. TFG ASSET MANAGEMENT GP LTD invested $914,000 in shares of SENS during the first quarter. In the first quarter, CUBIST SYSTEMATIC STRATEGIES, LLC acquired a new stake in Senseonics Holdings Inc. valued at approximately $722,000. GMT CAPITAL CORP acquired a new stake in SENS for approximately $387,000. QUBE RESEARCH & TECHNOLOGIES LTD purchased a new stake in SENS valued at around $371,000 in the second quarter. In total, there are 213 active investors with 27.50% ownership of the company’s stock.
A candlestick chart of Senseonics Holdings Inc. (AMEX: SENS) showed a price of $0.5101 on Friday morning. During the past 12 months, Senseonics Holdings Inc. has had a low of $0.50 and a high of $2.06. As of last week, the company has a debt-to-equity ratio of 0.74, a current ratio of 8.70, and a quick ratio of 8.10. The fifty day moving average price for SENS is $0.7955 and a two-hundred day moving average price translates $0.8984 for the stock.
The latest earnings results from Senseonics Holdings Inc. (AMEX: SENS) was released for Jun, 2023. The company reported revenue of $4.13 million for the quarter, compared to $3.71 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.09 percent.
