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BioHarvest Sciences (NASDAQ:BHST) Trading Up 3% - Here's What Happened

BioHarvest Sciences logo with Medical background
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BioHarvest Sciences Inc. (NASDAQ:BHST - Get Free Report) shares shot up 3% during mid-day trading on Tuesday . The company traded as high as $6.12 and last traded at $6.12. 12,484 shares changed hands during mid-day trading, an increase of 63% from the average session volume of 7,662 shares. The stock had previously closed at $5.94.

Wall Street Analyst Weigh In

BHST has been the subject of several research analyst reports. Maxim Group initiated coverage on BioHarvest Sciences in a research note on Wednesday, December 18th. They set a "buy" rating and a $12.00 target price for the company. HC Wainwright assumed coverage on shares of BioHarvest Sciences in a research note on Friday, December 6th. They set a "buy" rating and a $14.00 price objective on the stock.

View Our Latest Report on BHST

BioHarvest Sciences Stock Down 2.8 %

The stock has a market capitalization of $102.00 million, a price-to-earnings ratio of -4.97 and a beta of 2.27. The company's 50-day moving average is $5.58.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in BioHarvest Sciences stock. TD Waterhouse Canada Inc. bought a new position in BioHarvest Sciences Inc. (NASDAQ:BHST - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,042 shares of the company's stock, valued at approximately $69,000. TD Waterhouse Canada Inc. owned about 0.07% of BioHarvest Sciences as of its most recent SEC filing.

BioHarvest Sciences Company Profile

(Get Free Report)

BioHarvest Sciences Inc is a biotech firm. It focused on leveraging its botanical synthesis technology to develop science-based and clinically proven therapeutic solutions, within business verticals nutraceutical health and wellness products such as dietary supplements and development of plant cell-based Active Pharmaceutical Ingredients which focus on specific medical indications.

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