Hyperfine (NASDAQ:HYPR – Get Free Report) had its target price upped by stock analysts at Wells Fargo & Company from $1.10 to $1.29 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price target indicates a potential upside of 34.94% from the company’s current price.
Hyperfine Stock Performance
Shares of HYPR opened at $0.96 on Tuesday. The stock has a market capitalization of $69.74 million, a P/E ratio of -1.69 and a beta of 0.94. Hyperfine has a 1 year low of $0.76 and a 1 year high of $1.90. The company’s fifty day moving average is $1.07 and its two-hundred day moving average is $1.01.
Hyperfine (NASDAQ:HYPR – Get Free Report) last announced its quarterly earnings data on Monday, March 17th. The company reported ($0.14) EPS for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.02. Hyperfine had a negative net margin of 309.42% and a negative return on equity of 57.54%. The firm had revenue of $2.32 million during the quarter, compared to the consensus estimate of $2.30 million. During the same quarter last year, the firm earned ($0.15) earnings per share. Sell-side analysts predict that Hyperfine will post -0.57 EPS for the current year.
Institutional Investors Weigh In On Hyperfine
Hyperfine Company Profile
Hyperfine, Inc, a medical device company, provides magnetic resonance imaging (MRI) products in the United States. The company offers Swoop Portable MR imaging system, which offers portable brain neuroimaging; and support and technical assistance services. It serves ICU, comprehensive, and primary stroke accredited facilities through direct sales and distributors.
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