Sucampo Pharmaceuticals (NASDAQ:SCMP) was upgraded by equities researchers at BidaskClub from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday.
SCMP has been the topic of a number of other research reports. B. Riley began coverage on shares of Sucampo Pharmaceuticals in a research note on Tuesday, November 14th. They set a “buy” rating and a $14.00 target price on the stock. Mizuho lowered shares of Sucampo Pharmaceuticals from a “buy” rating to a “neutral” rating and cut their target price for the company from $14.00 to $12.00 in a research note on Tuesday, October 3rd. UBS cut their target price on shares of Sucampo Pharmaceuticals from $19.00 to $15.00 and set a “buy” rating on the stock in a research note on Thursday, October 12th. Zacks Investment Research raised shares of Sucampo Pharmaceuticals from a “sell” rating to a “hold” rating in a research note on Tuesday, October 3rd. Finally, ValuEngine raised shares of Sucampo Pharmaceuticals from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $16.40.
Shares of Sucampo Pharmaceuticals (NASDAQ:SCMP) opened at $14.95 on Tuesday. The firm has a market cap of $627.25, a PE ratio of 9.21, a PEG ratio of 4.00 and a beta of 1.47. The company has a debt-to-equity ratio of 7.37, a quick ratio of 4.46 and a current ratio of 5.11. Sucampo Pharmaceuticals has a 52 week low of $9.30 and a 52 week high of $17.24.
In related news, major shareholder Sachiko Kuno sold 1,000,000 shares of the business’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $12.00, for a total transaction of $12,000,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 4.13% of the company’s stock.
A number of large investors have recently bought and sold shares of SCMP. Louisiana State Employees Retirement System raised its holdings in Sucampo Pharmaceuticals by 1.0% in the second quarter. Louisiana State Employees Retirement System now owns 10,200 shares of the biopharmaceutical company’s stock worth $107,000 after buying an additional 100 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in Sucampo Pharmaceuticals in the second quarter worth about $117,000. Pinnacle Associates Ltd. purchased a new position in Sucampo Pharmaceuticals in the second quarter worth about $122,000. Trexquant Investment LP purchased a new position in Sucampo Pharmaceuticals in the third quarter worth about $122,000. Finally, SG Americas Securities LLC raised its holdings in Sucampo Pharmaceuticals by 5.6% in the second quarter. SG Americas Securities LLC now owns 11,977 shares of the biopharmaceutical company’s stock worth $126,000 after buying an additional 631 shares during the last quarter. 65.31% of the stock is currently owned by institutional investors and hedge funds.
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Sucampo Pharmaceuticals Company Profile
Sucampo Pharmaceuticals, Inc is a biopharmaceutical company. The Company is focused on the development and commercialization of pharmaceutical products. Its primary focus areas are gastroenterology, ophthalmology and oncology-related disorders. Its product candidates include VTS-270, Lubiprostone (AMITIZA), Unoprostone is opropyl (RESCULA) and CPP-1X/sulindac combination product.
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