Weiss Ratings Reiterates “Sell (D-)” Rating for Senestech (NASDAQ:SNES)

Senestech (NASDAQ:SNES)‘s stock had its “sell (d-)” rating restated by stock analysts at Weiss Ratings in a research report issued to clients and investors on Saturday,Weiss Ratings reports.

SNES has been the subject of a number of other research reports. Zacks Research raised shares of Senestech to a “hold” rating in a report on Monday, August 11th. HC Wainwright raised shares of Senestech to a “strong-buy” rating in a report on Friday, August 8th. Finally, Wall Street Zen raised shares of Senestech to a “hold” rating in a report on Friday, July 18th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $10.00.

Senestech Stock Performance

Shares of Senestech stock opened at $3.76 on Friday. The company has a 50 day moving average of $4.47 and a 200-day moving average of $3.91. Senestech has a 1-year low of $1.30 and a 1-year high of $6.24. The company has a current ratio of 9.23, a quick ratio of 8.35 and a debt-to-equity ratio of 0.03. The company has a market cap of $18.57 million, a PE ratio of -0.69 and a beta of 0.42.

Senestech (NASDAQ:SNES) last issued its quarterly earnings results on Thursday, August 7th. The company reported ($0.87) earnings per share for the quarter. Senestech had a negative return on equity of 150.93% and a negative net margin of 289.01%.The firm had revenue of $0.63 million for the quarter. As a group, equities research analysts forecast that Senestech will post -10.22 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Senestech

Institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC acquired a new position in Senestech during the 2nd quarter worth approximately $59,000. Jane Street Group LLC acquired a new position in Senestech during the 2nd quarter worth approximately $161,000. Finally, Corsair Capital Management L.P. acquired a new position in Senestech in the 2nd quarter valued at approximately $255,000. 5.19% of the stock is currently owned by institutional investors and hedge funds.

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.