SenesTech (NASDAQ:SNES) Stock Price Crosses Below 50 Day Moving Average – Time to Sell?

Shares of SenesTech, Inc. (NASDAQ:SNES) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $2.83 and traded as low as $2.75. SenesTech shares last traded at $2.80, with a volume of 29,280 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com began coverage on SenesTech in a research note on Friday. They set a “sell” rating on the stock.

SenesTech Price Performance

The company has a fifty day moving average price of $2.76 and a two-hundred day moving average price of $4.94. The company has a quick ratio of 3.49, a current ratio of 4.68 and a debt-to-equity ratio of 0.05.

SenesTech (NASDAQ:SNES) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($3.08) EPS for the quarter, topping analysts’ consensus estimates of ($3.20) by $0.12. SenesTech had a negative return on equity of 168.64% and a negative net margin of 464.09%. The business had revenue of $0.46 million during the quarter, compared to analysts’ expectations of $0.49 million. During the same quarter last year, the company posted ($84.03) earnings per share. As a group, sell-side analysts forecast that SenesTech, Inc. will post -11 EPS for the current fiscal year.

About SenesTech

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.