STRATA Skin Sciences, Inc. (NASDAQ:SSKN) Sees Significant Growth in Short Interest

STRATA Skin Sciences, Inc. (NASDAQ:SSKN) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 2,300 shares, an increase of 35.3% from the February 28th total of 1,700 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 6,000 shares, the days-to-cover ratio is presently 0.4 days.

Analyst Ratings Changes

Separately, Maxim Group began coverage on shares of STRATA Skin Sciences in a report on Thursday, February 27th. They issued a “buy” rating and a $6.00 price target on the stock.

STRATA Skin Sciences Stock Up 1.1 %

STRATA Skin Sciences stock opened at $2.67 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 1.13 and a debt-to-equity ratio of 1.62. The company has a market capitalization of $11.14 million, a P/E ratio of -1.00 and a beta of 1.32. The firm has a 50 day moving average price of $2.74 and a 200-day moving average price of $2.90. STRATA Skin Sciences has a twelve month low of $2.51 and a twelve month high of $5.90.

STRATA Skin Sciences (NASDAQ:SSKN) last announced its quarterly earnings data on Thursday, March 27th. The medical device company reported ($1.13) earnings per share for the quarter, missing the consensus estimate of ($0.40) by ($0.73). The firm had revenue of $33.56 million for the quarter, compared to the consensus estimate of $9.03 million. STRATA Skin Sciences had a negative net margin of 28.72% and a negative return on equity of 69.33%. As a group, equities analysts predict that STRATA Skin Sciences will post -1.05 EPS for the current year.

STRATA Skin Sciences Company Profile

STRATA Skin Sciences, Inc, a medical technology company, develops, commercializes, and markets products for the treatment of dermatologic conditions in the United States, Europe, the Middle East, Asia, Australia, South Africa, and Central and South America. The company operates in two segments, Dermatology Recurring Procedures and Dermatology Procedures Equipment.