StockNews.com Initiates Coverage on SenesTech (NASDAQ:SNES)

StockNews.com initiated coverage on shares of SenesTech (NASDAQ:SNES) in a research report sent to investors on Monday. The firm issued a sell rating on the stock.

SenesTech Stock Performance

Shares of NASDAQ:SNES opened at $2.43 on Monday. The stock’s 50-day moving average is $3.52 and its 200 day moving average is $5.61. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.49 and a current ratio of 4.68. SenesTech has a 1 year low of $1.90 and a 1 year high of $55.26.

SenesTech (NASDAQ:SNES) last posted its earnings results on Thursday, August 8th. The company reported ($3.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($3.20) by $0.12. SenesTech had a negative return on equity of 168.64% and a negative net margin of 464.09%. The firm had revenue of $0.46 million for the quarter, compared to analysts’ expectations of $0.49 million. During the same period in the previous year, the firm earned ($84.03) earnings per share. On average, analysts anticipate that SenesTech will post -11 EPS for the current fiscal year.

SenesTech Company Profile

SenesTech, Inc develops a technology for managing animal pest populations through fertility control. It offers ContraPest, a liquid bait that limits reproduction of male and female rats. The company was incorporated in 2004 and is headquartered in Phoenix, Arizona.