Athersys (NASDAQ:ATHX) Upgraded by Zacks Investment Research to Buy

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Athersys stock has undergone multiple analysts rating changes in the recent past.  Athersys Upgraded by Zacks Investment Research on 10-12-21. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.

Shares of Athersys traded no change $0.00 on Tuesday, reaching $1.33. 0 shares of the stock traded hands, compared to its average volume of 1159183. Shares of Athersys were trading at $1.33 on Tuesday. The firm’s 50 day moving average is $1.50 and its 200 day moving average is $1.73.Athersys has a 12 month low of $1.31 and a 12 month high of $3.03. While on yearly highs and lows, Athersys’s today has traded high as $1.38 and has touched $1.31 on the downward trend. See More Analyst Rating at: RATING

Athersys Earnings and What to expect: 

Athersys last posted its earnings data on August 8th, 2021. The biopharmaceutical company reported ($0.10) EPS for the quarter, hitting analysts’ consensus estimates of ($0.10). Athersys has generated ($0.42) earnings per share over the last year (($0.45) diluted earnings per share). Earnings for Athersys are expected to grow in the coming year, from ($0.36) to $0.23 per share. Athersys has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, November 8th, 2021 based off prior year’s report dates.

Earnings for Athersys are expected to grow in the coming year, from ($0.36) to $0.23 per share. The P/E ratio of Athersys is -2.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Athersys is -2.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Athersys has a P/B Ratio of 8.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Athersys (NASDAQ:ATHX) Moving Average Technical Analysis

5 day Moving Average is $1.32 And 5 day price change is $0.01 (0.76%)  with average volume for 5 day average is 639,560. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $1.38 and 20 day price change is -$0.13 (-8.90%) and average 20 day moving volume is 938,700. 50 day moving average is $1.50  and 50 day price change is -$0.22 ( -14.19%)  and with average volume for 50 days is : 1,299,720. 200 day moving average is $1.73  and 200 day price change is -$0.55 (-29.26%)  and with average volume for 200 days is : 2,172,888.

Other owners latest trading in Athersys :

  • On 10/12/2021 shares held by Green Alpha Advisors LLC were 191,242 which equates to market value of $0.25M and appx 0.20% owners of Athersys
  • On 9/17/2021 shares held by Virtu Financial LLC were 34,625 which equates to market value of $50K and appx 0.00% owners of Athersys
  • On 8/23/2021 shares held by Morgan Stanley were 344,339 which equates to market value of $0.49M and appx 0.00% owners of Athersys
  • In total Institutional ownership equates to Institutional Ownership Percentage: 22.04% for Athersys

See More Analyst Rating at: RATING