Actinium Pharmaceuticals (ATNM) Lowered to “Hold” at Zacks Investment Research

Zacks Investment Research downgraded shares of Actinium Pharmaceuticals (NYSEAMERICAN:ATNM) from a buy rating to a hold rating in a research note released on Monday.

According to Zacks, “Actinium Pharmaceuticals, Inc. is a biopharmaceutical company. It specializes in the development of cancer drugs. The company’s principal product candidates under different developmental stages include Actimab-A for the treatment of acute myeloid leukemia in elderly patients and Iomab-B used to condition the bone marrow of patients. Actinium Pharmaceuticals, Inc. is based in New York. “

ATNM has been the topic of a number of other reports. HC Wainwright reissued a buy rating and set a $6.00 target price on shares of Actinium Pharmaceuticals in a report on Monday, October 23rd. Maxim Group began coverage on shares of Actinium Pharmaceuticals in a report on Thursday, September 14th. They set a buy rating and a $3.00 target price on the stock. Roth Capital reissued a buy rating and set a $6.00 target price on shares of Actinium Pharmaceuticals in a report on Monday, October 23rd. Finally, B. Riley set a $3.00 target price on shares of Actinium Pharmaceuticals and gave the stock a buy rating in a report on Tuesday, December 12th. Five research analysts have rated the stock with a buy rating, The company has an average rating of Buy and an average target price of $3.75.

Shares of Actinium Pharmaceuticals (NYSEAMERICAN ATNM) traded down $0.01 during trading on Monday, hitting $0.71. 368,600 shares of the company traded hands, compared to its average volume of 575,343. The company has a market cap of $56.02, a price-to-earnings ratio of -1.51 and a beta of 41.30. Actinium Pharmaceuticals has a 12 month low of $0.54 and a 12 month high of $1.72.

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Actinium Pharmaceuticals Company Profile

Actinium Pharmaceuticals, Inc (Actinium) is a clinical-stage biopharmaceutical company engaged in developing cancer treatments. The Company is engaged in developing therapies for diseases using its alpha particle immunotherapy platform and other related technologies. The Company’s products include Actimab-A, an antibody-drug construct containing actinium 225 (Ac-225), and Iomab-B, an antibody-drug construct containing iodine 131 (I-131).

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