Craig-Hallum analyst Alexander Nowak assigned a Buy rating to the stock today. The company’s shares closed last Friday at $1.27.
According to TipRanks, Nowak is a 2-star analyst with an average return of 0.4% and a 41.51% success rate. Nowak covers the Healthcare sector, focusing on stocks such as CVRx, QuidelOrtho, and CareDx.
DermTech has an analyst consensus of Moderate Buy, with a price target consensus of $4.50.
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The company has a one-year high of $4.77 and a one-year low of $1.12. Currently, DermTech has an average volume of 429K.
Based on the recent corporate insider activity of 38 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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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