AquaBounty Technologies (NYSE:AQB) Given Average Rating of “Strong Buy” by Analysts

AquaBounty Technologies (NYSE:AQB) has been assigned an average broker rating score of 1.35 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a buy rating and one has issued a strong buy rating on the company.

Brokers have set a 1 year consensus price target of $3.75 for the company and are predicting that the company will post ($0.13) earnings per share for the current quarter, according to Zacks. Zacks has also given AquaBounty Technologies an industry rank of 84 out of 256 based on the ratings given to related companies.

AquaBounty Technologies stock traded down $0.02 during midday trading on Friday, reaching $3.08. The company’s stock had a trading volume of 76,400 shares, compared to its average volume of 251,657. AquaBounty Technologies has a fifty-two week low of $1.51 and a fifty-two week high of $5.45. The stock’s 50-day moving average is $3.29.

AquaBounty Technologies Company Profile

AquaBounty Technologies, Inc, a biotechnology company, develops and markets products to enhance productivity in aquaculture. It offers AquAdvantage Salmon, a genetically modified Atlantic salmon for human consumption. The company was formerly known as Aqua Bounty Farms, Inc and changed its name to AquaBounty Technologies, Inc in June 2004.

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