Applied Genetic Technologies (AGTC) Reaches $4.30 After 5.00% Up Move; KOITO MANUFACTURING (KOTMY) Shorts Up By 100%

January 7, 2018 - By Louis Casey

The stock of Applied Genetic Technologies Corporation (NASDAQ:AGTC) is a huge mover today! The stock increased 4.88% or $0.2 during the last trading session, reaching $4.3. About 112,186 shares traded or 0.74% up from the average. Applied Genetic Technologies Corporation (NASDAQ:AGTC) has declined 65.28% since January 7, 2017 and is downtrending. It has underperformed by 81.98% the S&P500.The move comes after 9 months positive chart setup for the $77.80 million company. It was reported on Jan, 7 by Barchart.com. We have $4.52 PT which if reached, will make NASDAQ:AGTC worth $3.89M more.

KOITO MANUFACTURING (OTCMKTS:KOTMY) had an increase of 100% in short interest. KOTMY’s SI was 200 shares in January as released by FINRA. Its up 100% from 100 shares previously. With 200 avg volume, 1 days are for KOITO MANUFACTURING (OTCMKTS:KOTMY)’s short sellers to cover KOTMY’s short positions. It closed at $70.76 lastly. It is down 0.00% since January 7, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await Applied Genetic Technologies Corporation (NASDAQ:AGTC) to report earnings on February, 14. They expect $-0.09 EPS, down 181.82% or $0.20 from last year’s $0.11 per share. After $-0.08 actual EPS reported by Applied Genetic Technologies Corporation for the previous quarter, Wall Street now forecasts 12.50% negative EPS growth.

Among 10 analysts covering Applied Genetic (NASDAQ:AGTC), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Applied Genetic had 23 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Cantor Fitzgerald given on Thursday, September 14. The firm earned “Outperform” rating on Wednesday, November 9 by Wedbush. Cantor Fitzgerald downgraded Applied Genetic Technologies Corporation (NASDAQ:AGTC) on Tuesday, September 13 to “Hold” rating. The firm has “Market Perform” rating by Wells Fargo given on Tuesday, September 13. BMO Capital Markets maintained Applied Genetic Technologies Corporation (NASDAQ:AGTC) on Thursday, September 14 with “Outperform” rating. The firm has “Buy” rating by H.C. Wainwright given on Friday, June 9. The rating was initiated by Wells Fargo on Friday, December 4 with “Outperform”. The firm earned “Sell” rating on Tuesday, September 13 by Janney Capital. The rating was maintained by BMO Capital Markets with “Outperform” on Tuesday, September 13. On Tuesday, September 13 the stock rating was maintained by Stifel Nicolaus with “Buy”.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>