TheStreet cut shares of Calliditas Therapeutics AB (publ) (NASDAQ:CALT – Get Rating) from a c- rating to a d rating in a research note published on Tuesday morning, TheStreetRatingsTable reports.
A number of other brokerages have also recently commented on CALT. Kepler Capital Markets began coverage on Calliditas Therapeutics AB (publ) in a report on Thursday, June 16th. They set a buy rating for the company. Pareto Securities began coverage on Calliditas Therapeutics AB (publ) in a report on Thursday, June 2nd. They set a buy rating for the company.
Get Calliditas Therapeutics AB (publ) alerts:Calliditas Therapeutics AB (publ) Stock Up 1.9 %
Shares of NASDAQ:CALT opened at $15.75 on Tuesday. The business has a 50-day moving average price of $18.21 and a 200 day moving average price of $17.80. Calliditas Therapeutics AB has a 12-month low of $12.55 and a 12-month high of $32.24. The company has a market capitalization of $465.87 million, a price-to-earnings ratio of -6.33 and a beta of 1.63. The company has a current ratio of 5.32, a quick ratio of 5.32 and a debt-to-equity ratio of 0.64.
Hedge Funds Weigh In On Calliditas Therapeutics AB (publ)
An institutional investor recently raised its position in Calliditas Therapeutics AB (publ) stock. Ironwood Investment Management LLC increased its holdings in shares of Calliditas Therapeutics AB (publ) (NASDAQ:CALT – Get Rating) by 5.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,762 shares of the company's stock after purchasing an additional 1,495 shares during the quarter. Ironwood Investment Management LLC owned approximately 0.11% of Calliditas Therapeutics AB (publ) worth $551,000 at the end of the most recent quarter. Institutional investors own 2.94% of the company's stock.Calliditas Therapeutics AB (publ) Company Profile
(Get Rating)
Calliditas Therapeutics AB (publ), a clinical-stage biopharmaceutical company, focused on identifying, developing, and commercializing pharmaceuticals products for treatments in orphan indications with initial focus on renal and hepatic diseases. It offers Nefecon, an oral formulation of budesonide that is an immunosuppressant for the treatment of the autoimmune renal disease immunoglobulin A nephropathy.
Further Reading
- Get a free copy of the StockNews.com research report on Calliditas Therapeutics AB (publ) (CALT)
- Oil and Gas Stocks: A Safe Way to Invest in Renewable Energy
- Are These Green Energy Companies Right For Your Portfolio?
- When Will the Hangover Finally Be Over for Seagate Technology?
- Does Enphase Energy Have the Juice to Keep Powering Higher?
- The One Hydrogen Fuel Cell Stock To Rule Them All
Receive News & Ratings for Calliditas Therapeutics AB (publ) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calliditas Therapeutics AB (publ) and related companies with MarketBeat.com's FREE daily email newsletter.