Anteris Technologies Global Corp. (NASDAQ:AVR) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Anteris Technologies Global Corp. (NASDAQ:AVR) have received an average recommendation of “Moderate Buy” from the five analysts that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $16.50.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Anteris Technologies Global in a research report on Wednesday.

Hedge Funds Weigh In On Anteris Technologies Global

Institutional investors and hedge funds have recently made changes to their positions in the stock. L1 Capital Pty Ltd grew its stake in shares of Anteris Technologies Global by 146.9% in the 1st quarter. L1 Capital Pty Ltd now owns 6,886,480 shares of the company’s stock valued at $25,067,000 after buying an additional 4,097,797 shares during the period. JPMorgan Chase & Co. boosted its holdings in Anteris Technologies Global by 9,958.6% in the second quarter. JPMorgan Chase & Co. now owns 1,068,328 shares of the company’s stock worth $4,049,000 after acquiring an additional 1,057,707 shares in the last quarter. ADAR1 Capital Management LLC grew its stake in Anteris Technologies Global by 59.4% in the first quarter. ADAR1 Capital Management LLC now owns 1,678,063 shares of the company’s stock valued at $6,108,000 after acquiring an additional 625,095 shares during the period. Vanguard Group Inc. grew its stake in Anteris Technologies Global by 85.1% in the third quarter. Vanguard Group Inc. now owns 745,560 shares of the company’s stock valued at $3,355,000 after acquiring an additional 342,711 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of Anteris Technologies Global by 154.3% during the second quarter. Geode Capital Management LLC now owns 420,427 shares of the company’s stock valued at $1,593,000 after acquiring an additional 255,088 shares in the last quarter.

Anteris Technologies Global Trading Up 4.1%

Shares of AVR stock opened at $3.52 on Friday. The company has a market cap of $145.02 million and a P/E ratio of -1.94. The stock has a 50 day simple moving average of $4.56 and a two-hundred day simple moving average of $4.15. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.80 and a current ratio of 0.84. Anteris Technologies Global has a fifty-two week low of $2.34 and a fifty-two week high of $8.79.

Anteris Technologies Global (NASDAQ:AVR) last posted its quarterly earnings results on Wednesday, November 12th. The company reported ($0.62) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.57) by ($0.05). The business had revenue of $0.43 million for the quarter, compared to the consensus estimate of $0.74 million. Anteris Technologies Global had a negative return on equity of 252.71% and a negative net margin of 3,944.93%. Research analysts forecast that Anteris Technologies Global will post -2.66 earnings per share for the current year.

About Anteris Technologies Global

Anteris Technologies Global Corp. engages in the development and commercialization of medical devices for heart diseases. The company was founded in 1999 and is headquartered in Eagan, MN.