uniQure (NASDAQ:QURE – Get Rating)’s stock price gapped up before the market opened on Wednesday after The Goldman Sachs Group raised their price target on the stock from $47.00 to $57.00. The stock had previously closed at $23.00, but opened at $23.79. The Goldman Sachs Group currently has a buy rating on the stock. uniQure shares last traded at $24.25, with a volume of 9,095 shares changing hands.
QURE has been the topic of a number of other research reports. Cantor Fitzgerald restated an “overweight” rating on shares of uniQure in a research report on Thursday, November 3rd. StockNews.com began coverage on shares of uniQure in a research report on Wednesday, October 12th. They set a “sell” rating on the stock. Wells Fargo & Company lowered their price objective on shares of uniQure from $34.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 9th. Chardan Capital lowered their price objective on shares of uniQure from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, August 9th. Finally, TheStreet downgraded shares of uniQure from a “c-” rating to a “d” rating in a research report on Tuesday, August 9th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, uniQure has an average rating of “Moderate Buy” and an average price target of $48.71.
Insiders Place Their Bets
In other uniQure news, VP Alexander Edward Kuta III sold 2,306 shares of the stock in a transaction that occurred on Wednesday, September 21st. The shares were sold at an average price of $18.65, for a total value of $43,006.90. Following the transaction, the vice president now directly owns 92,890 shares in the company, valued at $1,732,398.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.10% of the company’s stock.
Institutional Trading of uniQure
uniQure Stock Up 14.6 %
The stock has a market capitalization of $1.23 billion, a P/E ratio of -9.80 and a beta of 0.96. The company’s 50-day moving average price is $19.73 and its 200 day moving average price is $19.13. The company has a debt-to-equity ratio of 0.24, a quick ratio of 7.20 and a current ratio of 7.26.
uniQure N.V., a gene therapy company, engages in the development of treatments for patients suffering from genetic and other devastating diseases. Its lead program is Etranacogene dezaparvovec (AMT-061), which is in Phase III HOPE-B pivotal trial for the treatment of hemophilia B. The company also engages in developing AMT-130, a gene therapy that is in Phase I/II clinical study for the treatment of Huntington's disease; AMT-060, which is in Phase I/II clinical trial for the treatment of hemophilia B; AMT-210, a product candidate for the treatment of Parkinson's disease; AMT-260 for temporal lobe epilepsy; AMT-240, a preclinical product candidate for the treatment of autosomal dominant Alzheimer's disease; and AMT-161 for the treatment of amyotrophic lateral sclerosis.
- Get a free copy of the StockNews.com research report on uniQure (QURE)
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