Innocoll Holdings PLC (INNL) Lowered to “Hold” at Stifel Nicolaus

Stifel Nicolaus lowered shares of Innocoll Holdings PLC (NDAQ:INNL) from a buy rating to a hold rating in a research note published on Friday. Stifel Nicolaus currently has $2.00 price target on the stock.

Shares of Innocoll Holdings PLC (NDAQ:INNL) traded down 11.20% on Friday, reaching $1.11. The company’s stock had a trading volume of 3,936,805 shares. The stock’s market capitalization is $32.97 million. Innocoll Holdings PLC has a 1-year low of $0.53 and a 1-year high of $12.94. The company has a 50 day moving average of $0.78 and a 200 day moving average of $2.97.

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About Innocoll Holdings PLC

Innocoll Holdings Public Limited Company is a commercial-stage specialty pharmaceutical and medical device company with late-stage development programs. The Company operates through the segment of manufacture and sale of collagen-based pharmaceutical products. It utilizes collagen-based technology platform to develop its biodegradable and bioresorbable products and product candidates, which can be broken down by the body without the need for surgical removal or applied topically.

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