Anteris Technologies Global (NASDAQ:AVR) Releases Earnings Results, Misses Expectations By $0.05 EPS

Anteris Technologies Global (NASDAQ:AVR) issued its quarterly earnings data on Wednesday. The company reported ($0.62) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.57) by ($0.05), Zacks reports.

Anteris Technologies Global Stock Performance

AVR stock traded up $0.11 during midday trading on Wednesday, reaching $3.89. The stock had a trading volume of 126,704 shares, compared to its average volume of 218,953. The firm has a fifty day simple moving average of $4.73 and a two-hundred day simple moving average of $4.21. Anteris Technologies Global has a 52-week low of $2.34 and a 52-week high of $8.79. The stock has a market cap of $140.27 million and a PE ratio of -3.27.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Anteris Technologies Global in a research note on Thursday, October 30th. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Anteris Technologies Global currently has an average rating of “Moderate Buy” and a consensus target price of $16.50.

Institutional Investors Weigh In On Anteris Technologies Global

A number of institutional investors and hedge funds have recently modified their holdings of AVR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Anteris Technologies Global in the 1st quarter worth approximately $32,000. Geode Capital Management LLC boosted its holdings in shares of Anteris Technologies Global by 154.3% in the 2nd 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 during the last quarter. Vanguard Group Inc. increased its stake in shares of Anteris Technologies Global by 85.1% in the third quarter. Vanguard Group Inc. now owns 745,560 shares of the company’s stock worth $3,355,000 after acquiring an additional 342,711 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Anteris Technologies Global by 9,958.6% during the second quarter. JPMorgan Chase & Co. now owns 1,068,328 shares of the company’s stock worth $4,049,000 after purchasing an additional 1,057,707 shares during the last quarter. Finally, Nantahala Capital Management LLC raised its holdings in shares of Anteris Technologies Global by 1.8% during the second quarter. Nantahala Capital Management LLC now owns 1,693,666 shares of the company’s stock worth $6,419,000 after purchasing an additional 30,000 shares during the last quarter.

Anteris Technologies Global Company Profile

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.