StockNews.com Begins Coverage on SenesTech (NASDAQ:SNES)

StockNews.com initiated coverage on shares of SenesTech (NASDAQ:SNES) in a research note issued to investors on Monday. The firm issued a sell rating on the stock.

SenesTech Stock Performance

Shares of SNES stock opened at $2.34 on Monday. The business has a 50-day moving average price of $3.48 and a two-hundred day moving average price of $5.63. SenesTech has a 12-month low of $1.90 and a 12-month high of $55.26. The company has a quick ratio of 3.49, a current ratio of 4.68 and a debt-to-equity ratio of 0.05.

SenesTech (NASDAQ:SNES) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($3.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($3.20) by $0.12. SenesTech had a negative net margin of 464.09% and a negative return on equity of 168.64%. The firm had revenue of $0.46 million during the quarter, compared to analyst estimates of $0.49 million. During the same period in the previous year, the business posted ($84.03) EPS. Research analysts predict that SenesTech will post -11 earnings per share for the current year.

SenesTech Company Profile

SenesTech, Inc develops a technology for managing animal pest populations through fertility control. It offers ContraPest, a liquid bait that limits reproduction of male and female rats. The company was incorporated in 2004 and is headquartered in Phoenix, Arizona.