Several equities research analysts have recently weighed in on the company.
Avinger, Inc. (NASDAQ:AVGR) is scheduled to release its earnings data after the market closes on Monday, July 31st. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $6.00. Finally, Oppenheimer Holdings, Inc. reaffirmed a "market perform" rating on shares of Avinger in a research note on Wednesday, April 12th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The company's stock had a trading volume of 225,737 shares. Cowen and Company reissued a "buy" rating on shares of Avinger in a research report on Friday, April 14th. The stock's market capitalization is 11.00M, it has a 52-week low of 0.35 and a 52-week high of 5.15. The company now has a consensus rating of "Hold" and an average target price of $4.13.
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A number of large investors have recently added to or reduced their stakes in the company. FMR LLC purchased a new position in shares of Avinger during the fourth quarter worth $5,772,000. IL now owns 73,900 shares of the medical device company's stock valued at $188,000 after buying an additional 3,500 shares during the period. Broadfin Capital LLC acquired a new stake in Avinger during the first quarter valued at about $950,000. IL increased its stake in Avinger by 5.0% in the first quarter.
Avinger, Inc is a commercial-stage medical device company. The Company designs, manufactures and sells image-guided, catheter-based systems that are used by physicians to treat patients with peripheral arterial disease (PAD).