STRATA Skin Sciences, Inc. (NASDAQ:SSKN) Short Interest Up 26.3% in May

STRATA Skin Sciences, Inc. (NASDAQ:SSKN) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 2,400 shares, an increase of 26.3% from the April 30th total of 1,900 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 7,500 shares, the short-interest ratio is currently 0.3 days.

STRATA Skin Sciences Stock Performance

NASDAQ:SSKN opened at $2.33 on Thursday. The stock has a market cap of $9.72 million, a P/E ratio of -0.88 and a beta of 0.68. The stock has a 50 day simple moving average of $2.58 and a 200 day simple moving average of $2.77. The company has a current ratio of 1.13, a quick ratio of 0.94 and a debt-to-equity ratio of 1.62. STRATA Skin Sciences has a 1-year low of $2.10 and a 1-year high of $4.10.

STRATA Skin Sciences (NASDAQ:SSKN) last released its quarterly earnings results on Wednesday, May 14th. The medical device company reported ($0.58) earnings per share for the quarter, missing the consensus estimate of ($0.56) by ($0.02). The firm had revenue of $6.81 million for the quarter, compared to analyst estimates of $7.28 million. STRATA Skin Sciences had a negative return on equity of 69.33% and a negative net margin of 28.72%. Research analysts anticipate that STRATA Skin Sciences will post -1.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Maxim Group initiated coverage on STRATA Skin Sciences in a research report on Thursday, February 27th. They issued a “buy” rating and a $6.00 price objective for the company.

About STRATA Skin Sciences

STRATA Skin Sciences, Inc, a medical technology company, develops, commercializes, and markets products for the treatment of dermatologic conditions in the United States, Europe, the Middle East, Asia, Australia, South Africa, and Central and South America. The company operates in two segments, Dermatology Recurring Procedures and Dermatology Procedures Equipment.