Enhanced Group (NYSE:ENHA) Lowered to “Strong Sell” Rating by Wall Street Zen

Wall Street Zen lowered shares of Enhanced Group (NYSE:ENHA) to a strong sell rating in a research report released on Saturday.

A number of other brokerages have also recently issued reports on ENHA. Canaccord Genuity Group reissued a “buy” rating on shares of Enhanced Group in a report on Tuesday, June 16th. Weiss Ratings began coverage on Enhanced Group in a research note on Friday, May 29th. They issued a “sell (e-)” rating on the stock. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $6.00.

Enhanced Group Trading Up 0.4%

NYSE ENHA opened at $2.78 on Friday. The company has a 50-day simple moving average of $3.15. Enhanced Group has a twelve month low of $2.35 and a twelve month high of $14.00.

Enhanced Group (NYSE:ENHA) last posted its quarterly earnings results on Monday, May 4th. The company reported ($0.01) earnings per share (EPS) for the quarter.

About Enhanced Group

We are a blank check company incorporated in the British Virgin Islands as a business company with limited liability and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.