Shares of Valeritas Holdings, Inc. (NASDAQ:VLRX) have been given an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy rating.
Brokers have set a 1 year consensus price target of $13.50 for the company, according to Zacks. Zacks has also given Valeritas an industry rank of 187 out of 265 based on the ratings given to its competitors.
Separately, ValuEngine raised shares of Valeritas from a “strong sell” rating to a “sell” rating in a report on Friday, December 1st.
Shares of Valeritas (VLRX) traded up $0.08 during mid-day trading on Wednesday, reaching $2.98. 1,170 shares of the company’s stock traded hands, compared to its average volume of 9,453. The firm has a market cap of $21.09, a price-to-earnings ratio of -0.22 and a beta of 4.91. The company has a debt-to-equity ratio of -8.88, a quick ratio of 2.40 and a current ratio of 3.02. Valeritas has a 52 week low of $2.00 and a 52 week high of $25.54.
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Valeritas, Inc is a United States-based company, which is engaged in developing and commercializing treatment solutions that contribute to clinical outcomes for patients. The Company’s portfolio includes V-Go disposable insulin delivery device, which is distributed through retail pharmacy. Its V-Go delivers insulin at a continuous preset basal rate and bolus dosing for adults with Type 2 diabetes requiring insulin.
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