AquaBounty Technologies found using ticker (AQB) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 15 and 6 and has a mean target at 9.33. Given that the stocks previous close was at 4.03 this would indicate that there is a potential upside of 131.5%. The 50 day moving average now sits at 4.17 and the 200 day moving average is 5.1. The company has a market capitalisation of $278m. Company Website: http://www.aquabounty.com
AquaBounty Technologies, a biotechnology company, focuses on improving productivity in the commercial aquaculture industry in the United States and Canada. It offers AquAdvantage Salmon, a bioengineered Atlantic salmon for human consumption; and sells conventional Atlantic salmon, salmon eggs, fry, and byproducts. The company was formerly known as Aqua Bounty Farms and changed its name to AquaBounty Technologies in June 2004. AquaBounty Technologies was incorporated in 1991 and is headquartered in Maynard, Massachusetts.