Enhanced Group (NYSE:ENHA) Cut to Strong Sell at Wall Street Zen

Wall Street Zen lowered shares of Enhanced Group (NYSE:ENHA) to a strong sell rating in a research note released on Saturday morning.

A number of other brokerages also recently issued reports on ENHA. Weiss Ratings began coverage on Enhanced Group in a report on Friday, May 29th. They set a “sell (e-)” rating for the company. Canaccord Genuity Group reaffirmed a “buy” rating on shares of Enhanced Group in a report on Tuesday, June 16th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Enhanced Group presently has a consensus rating of “Hold” and a consensus price target of $6.00.

Enhanced Group Trading Down 2.0%

Shares of ENHA opened at $2.73 on Friday. Enhanced Group has a fifty-two week low of $2.35 and a fifty-two week high of $14.00. The business’s 50 day simple moving average is $3.10.

Enhanced Group (NYSE:ENHA) last posted its quarterly earnings data on Monday, May 4th. The company reported ($0.01) earnings per share for the quarter.

About Enhanced Group

We are a blank check company incorporated in the British Virgin Islands as a business company with limited liability and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.