Craig-Hallum analyst Alexander Nowak maintained a Buy rating on DermTech (DMTK – Research Report) today. The company’s shares closed yesterday at $1.60.
Nowak covers the Healthcare sector, focusing on stocks such as Guardant Health, CVRx, and QuidelOrtho. According to TipRanks, Nowak has an average return of 1.4% and a 42.19% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for DermTech with a $4.25 average price target.
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The company has a one-year high of $6.44 and a one-year low of $1.12. Currently, DermTech has an average volume of 436.3K.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DMTK in relation to earlier this year.
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DermTech (DMTK) Company Description:
DermTech, Inc. engages in the development and sale of products for the diagnosis and treatment of skin diseases. It markets and develops products that facilitate the early detection of skin cancers, assesses inflammatory diseases, and customizes drug treatments. Its products include adhesive skin collection kit, pigmented lesion assay, nevome, and carcinome. The company is headquartered in La Jolla, CA.
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