SenesTech (NASDAQ:SNES) Shares Cross Below 50 Day Moving Average – What’s Next?

SenesTech, Inc. (NASDAQ:SNES) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $2.84 and traded as low as $2.02. SenesTech shares last traded at $2.10, with a volume of 18,752 shares.

Analyst Ratings Changes

SNES has been the topic of several recent analyst reports. HC Wainwright boosted their target price on shares of SenesTech from $3.50 to $10.00 and gave the company a “buy” rating in a report on Thursday, December 12th. StockNews.com began coverage on SenesTech in a research note on Monday, March 17th. They issued a “sell” rating on the stock.

SenesTech Trading Up 1.9 %

The firm’s 50-day moving average price is $2.84 and its 200 day moving average price is $2.79. The company has a market cap of $3.67 million, a price-to-earnings ratio of -0.21 and a beta of 0.09. The company has a current ratio of 6.32, a quick ratio of 4.92 and a debt-to-equity ratio of 0.05.

SenesTech (NASDAQ:SNES) last issued its earnings results on Wednesday, March 12th. The company reported ($1.22) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.50) by $0.28. SenesTech had a negative net margin of 403.51% and a negative return on equity of 150.33%. The business had revenue of $0.50 million for the quarter, compared to analyst estimates of $0.71 million. As a group, equities analysts expect that SenesTech, Inc. will post -10.22 EPS for the current year.

SenesTech Company Profile

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.