Trillium Therapeutics (TRIL) Upgraded at ValuEngine

ValuEngine upgraded shares of Trillium Therapeutics (NASDAQ:TRIL) (TSE:TR) from a sell rating to a hold rating in a research note released on Friday.

A number of other research firms have also recently weighed in on TRIL. Zacks Investment Research cut shares of Trillium Therapeutics from a hold rating to a sell rating in a research report on Friday, September 1st. HC Wainwright set a $7.00 price objective on shares of Trillium Therapeutics and gave the company a buy rating in a research report on Monday, August 14th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Trillium Therapeutics presently has a consensus rating of Buy and a consensus price target of $12.33.

Trillium Therapeutics (NASDAQ TRIL) opened at $10.10 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.33 and a quick ratio of 6.33. Trillium Therapeutics has a 12-month low of $4.15 and a 12-month high of $13.30.

A number of large investors have recently bought and sold shares of the business. Creative Planning boosted its position in Trillium Therapeutics by 1.1% in the 2nd quarter. Creative Planning now owns 26,400 shares of the biotechnology company’s stock valued at $116,000 after buying an additional 300 shares during the last quarter. Virtu KCG Holdings LLC purchased a new position in Trillium Therapeutics in the 2nd quarter valued at about $128,000. Sectoral Asset Management Inc boosted its position in Trillium Therapeutics by 27.8% in the 3rd quarter. Sectoral Asset Management Inc now owns 234,248 shares of the biotechnology company’s stock valued at $1,206,000 after buying an additional 50,976 shares during the last quarter. K2 Principal Fund L.P. acquired a new stake in shares of Trillium Therapeutics in the 2nd quarter valued at about $264,000. Finally, Victory Capital Management Inc. raised its stake in shares of Trillium Therapeutics by 88.9% in the 2nd quarter. Victory Capital Management Inc. now owns 146,571 shares of the biotechnology company’s stock valued at $645,000 after purchasing an additional 68,970 shares in the last quarter. 47.45% of the stock is owned by institutional investors.

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About Trillium Therapeutics

Trillium Therapeutics Inc, a clinical-stage immuno-oncology company, develops therapies for the treatment of cancer. The company’s lead program is TTI-621, a SIRPaFc fusion protein that acts a soluble decoy receptor preventing CD47 from delivering its inhibitory signal, which is in Phase I clinical trial for advanced hematologic malignancies and solid tumors therapy.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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