Shares of Evolus, Inc. (NASDAQ:EOLS - Get Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as $9.48 and last traded at $9.80, with a volume of 917290 shares trading hands. The stock had previously closed at $10.00.
Analysts Set New Price Targets
Several brokerages recently issued reports on EOLS. Cantor Fitzgerald reissued an "overweight" rating on shares of Evolus in a report on Monday, September 16th. HC Wainwright reiterated a "buy" rating and issued a $27.00 target price on shares of Evolus in a research note on Thursday, November 7th.
Read Our Latest Analysis on Evolus
Evolus Stock Down 5.0 %
The company has a debt-to-equity ratio of 20.58, a current ratio of 2.47 and a quick ratio of 2.23. The stock has a market capitalization of $589.52 million, a P/E ratio of -10.23 and a beta of 1.32. The stock's fifty day moving average is $12.11 and its two-hundred day moving average is $13.75.
Institutional Trading of Evolus
A number of hedge funds have recently bought and sold shares of EOLS. Quest Partners LLC purchased a new position in shares of Evolus during the 2nd quarter valued at $43,000. Quarry LP bought a new position in Evolus during the second quarter valued at approximately $54,000. Profund Advisors LLC bought a new stake in Evolus in the second quarter worth approximately $130,000. Point72 Asset Management L.P. acquired a new position in shares of Evolus during the 3rd quarter worth $132,000. Finally, Arizona State Retirement System raised its holdings in shares of Evolus by 9.4% during the 2nd quarter. Arizona State Retirement System now owns 14,603 shares of the company's stock valued at $158,000 after purchasing an additional 1,253 shares in the last quarter. 90.69% of the stock is owned by hedge funds and other institutional investors.
About Evolus
(
Get Free Report)
Evolus, Inc, a performance beauty company, focuses on delivering products in the cash-pay aesthetic market in the United States, Canada, and Europe. The company offers Jeuveau, a proprietary 900 kilodalton purified botulinum toxin type A formulation for the temporary improvement in the appearance of moderate to severe glabellar lines in adults.
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