Regulus Therapeutics Inc (NASDAQ:RGLS) shares traded down 5.6% on Tuesday . The stock traded as low as $1.16 and last traded at $1.17. 584,800 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 947,220 shares. The stock had previously closed at $1.24.
Several research analysts recently weighed in on the company. Leerink Swann assumed coverage on Regulus Therapeutics in a research report on Friday, January 5th. They issued an “outperform” rating and a $2.00 target price on the stock. Zacks Investment Research raised Regulus Therapeutics from a “hold” rating to a “buy” rating and set a $1.25 target price on the stock in a research report on Thursday, January 4th. Wedbush reaffirmed an “outperform” rating and issued a $4.00 target price on shares of Regulus Therapeutics in a research report on Monday, December 11th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Regulus Therapeutics in a research report on Tuesday, November 14th. One analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $2.46.
The company has a debt-to-equity ratio of 0.41, a current ratio of 6.77 and a quick ratio of 6.77. The company has a market cap of $122.67, a PE ratio of -0.88 and a beta of 1.55.
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Regulus Therapeutics Company Profile
Regulus Therapeutics Inc is a biopharmaceutical company focused on discovering and developing drugs that target microRNAs to treat a range of diseases. The Company uses its microRNA product platform to develop chemically modified, single-stranded oligonucleotides that the Company calls anti-miRs to modulate microRNAs and return diseased cells to their healthy state.
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