Sensus Healthcare, Inc. (SRTS) Given New $7.50 Price Target at Maxim Group

Sensus Healthcare, Inc. (NASDAQ:SRTS) had its price objective increased by Maxim Group from $6.50 to $7.50 in a research note issued to investors on Friday morning. They currently have a buy rating on the stock.

Shares of Sensus Healthcare (NASDAQ SRTS) traded up $0.04 on Friday, reaching $5.89. 10,864 shares of the company’s stock were exchanged, compared to its average volume of 15,661.

Sensus Healthcare (NASDAQ:SRTS) last announced its earnings results on Thursday, August 3rd. The company reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.08. The business had revenue of $4.97 million during the quarter, compared to analyst estimates of $4.50 million. Sensus Healthcare had a negative net margin of 17.21% and a negative return on equity of 23.48%. analysts expect that Sensus Healthcare will post -0.33 EPS for the current year.

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In other Sensus Healthcare news, insider Richard Golin sold 8,012 shares of the business’s stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $6.00, for a total transaction of $48,072.00. Following the completion of the sale, the insider now directly owns 976,530 shares in the company, valued at approximately $5,859,180. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Kalman Fishman sold 5,378 shares of the business’s stock in a transaction on Thursday, August 24th. The shares were sold at an average price of $6.00, for a total transaction of $32,268.00. Following the sale, the insider now owns 990,845 shares of the company’s stock, valued at $5,945,070. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 98,551 shares of company stock valued at $591,306. Company insiders own 41.70% of the company’s stock.

An institutional investor recently bought a new position in Sensus Healthcare stock. B. Riley Financial Inc. bought a new position in Sensus Healthcare, Inc. (NASDAQ:SRTS) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 104,794 shares of the company’s stock, valued at approximately $421,000. B. Riley Financial Inc. owned 0.77% of Sensus Healthcare as of its most recent filing with the SEC. Institutional investors and hedge funds own 8.09% of the company’s stock.

About Sensus Healthcare

Sensus Healthcare, Inc, formerly Sensus Healthcare, LLC, is a manufacturer of superficial radiation therapy devices. The Company designs, manufactures and markets medical devices specializing in the treatment of non-melanoma skin cancers and other skin conditions, such as keloids, with superficial radiation therapy.

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