SenesTech (NASDAQ:SNES) Shares Cross Below 50 Day Moving Average – What’s Next?

SenesTech, Inc. (NASDAQ:SNESGet Free Report) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $2.84 and traded as low as $2.02. SenesTech shares last traded at $2.10, with a volume of 18,752 shares traded.

Wall Street Analyst Weigh In

A number of brokerages have commented on SNES. StockNews.com began coverage on shares of SenesTech in a research note on Monday, March 17th. They set a “sell” rating for the company. HC Wainwright boosted their target price on shares of SenesTech from $3.50 to $10.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th.

Get Our Latest Analysis on SNES

SenesTech Stock Up 1.9 %

The company has a market cap of $3.67 million, a P/E ratio of -0.21 and a beta of 0.09. The company has a debt-to-equity ratio of 0.05, a current ratio of 6.32 and a quick ratio of 4.92. The stock has a fifty day moving average price of $2.84 and a two-hundred day moving average price of $2.79.

SenesTech (NASDAQ:SNESGet Free Report) last issued its quarterly earnings data on Wednesday, March 12th. The company reported ($1.22) earnings per share for the quarter, beating the consensus estimate of ($1.50) by $0.28. SenesTech had a negative return on equity of 150.33% and a negative net margin of 403.51%. The business had revenue of $0.50 million for the quarter, compared to analysts’ expectations of $0.71 million. On average, research analysts expect that SenesTech, Inc. will post -10.22 EPS for the current year.

SenesTech Company Profile

(Get Free Report)

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.

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