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Mathew Donald · Feb 25th, 2015 · 0 Comment
Amedica Corporation (NASDAQ:AMDA): The mean estimate for the short term price target for Amedica Corporation (NASDAQ:AMDA) stands at $8.5 according to 2 Analysts. But, the investors should remain cautious as the stock may face wide vicissitudes from its mean price; the higher price target estimate for the stock has been calculated at $12 while the lower price target estimate is at $5.
The company has also received coverage from the Brokerage Firms. Equity Analysts at the JMP Securities maintains the rating on Amedica Corporation (NASDAQ:AMDA). The brokerage firm has issued a Market Outperform rating on the shares. The Analysts at the ratings agency lowers the price target from $6 per share to $3 per share.
Amedica Corporation (NASDAQ:AMDA) has witnessed a colossal rise of 28.5% or 6,683 shares in its short figure. The short interest augmentation took it from 23,476 on January 15,2015 to 30,159 on January 30,2015. In terms of floated shares, the short interest was calculated to be 0.1%. The days to cover are 0 given that the daily volume averaged 106,610 shares.
Amedica Corporation (NASDAQ:AMDA) tumbled 0.051 points in daily session. The price extremes of the session were $0.728 and $0.65. However, some value buying and short covering helped the stock pare major loss and closed at $0.67, which is marginally above the opening price of $0.72. The volume reading came in at 710,762 shares. The previous close of the counter is $0.721. The 52-week top of the Corporation is registered at $9.37 and the company has a strong presence with a market cap of $16 million. The 52-week low price of the shares is $0.5501. There are 24,320,000 shares in outstanding.
Price Target Update on Amedica Corporation | Candle Strips