Strata Skin Sciences (NASDAQ:SSKN) Upgraded by Wall Street Zen to Sell Rating

Strata Skin Sciences (NASDAQ:SSKN) was upgraded by equities researchers at Wall Street Zen to a “sell” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Strata Skin Sciences in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $6.00.

Strata Skin Sciences Trading Down 9.1%

Shares of Strata Skin Sciences stock opened at $1.89 on Friday. The business has a fifty day simple moving average of $1.88 and a two-hundred day simple moving average of $2.22. Strata Skin Sciences has a 1 year low of $1.38 and a 1 year high of $3.86. The company has a market capitalization of $7.88 million, a price-to-earnings ratio of -0.67 and a beta of 0.50. The company has a debt-to-equity ratio of 49.58, a current ratio of 0.98 and a quick ratio of 0.75.

Strata Skin Sciences (NASDAQ:SSKN) last announced its quarterly earnings results on Wednesday, August 13th. The medical device company reported ($0.60) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.27) by ($0.33). Strata Skin Sciences had a negative net margin of 35.13% and a negative return on equity of 266.94%. The business had revenue of $7.70 million for the quarter, compared to analyst estimates of $8.56 million. Research analysts forecast that Strata Skin Sciences will post -1.05 EPS for the current year.

Strata Skin Sciences Company Profile

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.