JMP Securities Reaffirms Buy Rating for Poxel (OTCMKTS:PXXLF)

Poxel (OTCMKTS:PXXLF)‘s stock had its “buy” rating restated by stock analysts at JMP Securities in a research report issued to clients and investors on Friday, TipRanks reports. They currently have a $21.00 target price on the stock. JMP Securities’ price target points to a potential upside of 213.43% from the company’s current price.

Separately, Zacks Investment Research downgraded Poxel from a “buy” rating to a “hold” rating in a research report on Thursday, August 19th.

Shares of PXXLF stock opened at $6.70 on Friday. The company has a market capitalization of $161.40 million, a PE ratio of -5.04 and a beta of 0.88. Poxel has a 52-week low of $6.47 and a 52-week high of $8.19. The business’s fifty day moving average is $6.87 and its 200 day moving average is $7.66. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.79 and a current ratio of 2.79.

About Poxel

Poxel SA, a biopharmaceutical company, develops drugs for metabolic diseases with primary focus on type II diabetes. Its lead product is Imeglimin, an oral anti-diabetic candidate, which is in Phase III clinical development stage that targets the organs of diabetes, such as pancreas, liver, and muscles.

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