Anteris Technologies Global (NASDAQ:AVR) Sets New 1-Year High – Here’s What Happened

Anteris Technologies Global Corp. (NASDAQ:AVR) hit a new 52-week high during trading on Wednesday . The company traded as high as $7.86 and last traded at $7.70, with a volume of 1648220 shares trading hands. The stock had previously closed at $7.57.

Analyst Ratings Changes

A number of research analysts have recently commented on AVR shares. Wall Street Zen raised Anteris Technologies Global from a “sell” rating to a “hold” rating in a research report on Saturday. Lake Street Capital reaffirmed a “buy” rating and set a $15.00 price target on shares of Anteris Technologies Global in a research report on Friday, January 23rd. Wells Fargo & Company started coverage on Anteris Technologies Global in a research report on Wednesday, March 11th. They set an “overweight” rating and a $16.00 price target on the stock. Barclays upped their price target on Anteris Technologies Global from $17.00 to $18.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $15.00 price target on shares of Anteris Technologies Global in a research report on Friday, March 27th. Four analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, Anteris Technologies Global currently has a consensus rating of “Moderate Buy” and an average price target of $16.00.

Anteris Technologies Global Trading Up 1.7%

The business has a fifty day moving average of $6.00 and a 200-day moving average of $5.41. The firm has a market cap of $749.52 million, a PE ratio of -3.45 and a beta of 1.32.

Anteris Technologies Global (NASDAQ:AVR) last issued its quarterly earnings data on Tuesday, May 12th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.01). The company had revenue of $0.49 million for the quarter, compared to analysts’ expectations of $0.77 million. Anteris Technologies Global had a negative return on equity of 124.76% and a negative net margin of 5,148.78%.During the same period last year, the company posted ($0.61) EPS. On average, equities analysts forecast that Anteris Technologies Global Corp. will post -1.14 EPS for the current year.

Institutional Trading of Anteris Technologies Global

A number of institutional investors have recently added to or reduced their stakes in the stock. Deutsche Bank AG lifted its holdings in Anteris Technologies Global by 8.1% during the 4th quarter. Deutsche Bank AG now owns 28,865 shares of the company’s stock worth $144,000 after purchasing an additional 2,171 shares in the last quarter. Bank of America Corp DE lifted its holdings in Anteris Technologies Global by 35.7% during the 3rd quarter. Bank of America Corp DE now owns 10,631 shares of the company’s stock worth $48,000 after purchasing an additional 2,798 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in Anteris Technologies Global by 76.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 6,536 shares of the company’s stock worth $29,000 after purchasing an additional 2,841 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Anteris Technologies Global by 35.2% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,744 shares of the company’s stock worth $45,000 after purchasing an additional 3,055 shares in the last quarter. Finally, Barclays PLC lifted its holdings in Anteris Technologies Global by 3.0% during the 4th quarter. Barclays PLC now owns 148,128 shares of the company’s stock worth $739,000 after purchasing an additional 4,289 shares in the last quarter.

About Anteris Technologies Global

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.