Smarter Analyst

Why Did H.C. Wainwright Downgrade Strata Skin Sciences’ Stock?

H.C. Wainwright analyst Joseph Pantginis downgraded Strata Skin Sciences (SSKN) to Hold today. The company’s shares closed last Monday at $1.06, close to its 52-week low of $0.98.

According to TipRanks.com, Pantginis has 0 stars on 0-5 star ranking scale with an average return of -13.7% and a 23.3% success rate. Pantginis covers the Healthcare sector, focusing on stocks such as Applied Genetic Technologies, Lineage Cell Therapeutics, and Iovance Biotherapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Strata Skin Sciences with a $7.00 average price target.

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The company has a one-year high of $3.27 and a one-year low of $0.98. Currently, Strata Skin Sciences has an average volume of 52.24K.

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STRATA Skin Sciences, Inc. is a medical technology company. The firm engages in the design, development, and commercializing of non-invasive tools to provide additional information to dermatologists during melanoma skin examinations.