SenesTech (NASDAQ:SNES) Posts Quarterly Earnings Results, Beats Expectations By $0.28 EPS

SenesTech (NASDAQ:SNES) released its quarterly earnings results on Wednesday. The company reported ($1.22) earnings per share for the quarter, topping the consensus estimate of ($1.50) by $0.28, Zacks reports. SenesTech had a negative net margin of 403.51% and a negative return on equity of 150.33%.

SenesTech Price Performance

SNES traded down $0.08 during midday trading on Wednesday, hitting $2.30. The stock had a trading volume of 317,601 shares, compared to its average volume of 81,231. SenesTech has a 1 year low of $1.90 and a 1 year high of $9.80. The company has a quick ratio of 4.92, a current ratio of 6.32 and a debt-to-equity ratio of 0.05. The business has a fifty day moving average of $3.08 and a 200 day moving average of $2.86.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on SNES shares. StockNews.com started coverage on shares of SenesTech in a report on Sunday. They set a “sell” rating for the company. HC Wainwright boosted their price objective on SenesTech from $3.50 to $10.00 and gave the company a “buy” rating in a research note on Thursday, December 12th.

SenesTech Company Profile

SenesTech, Inc develops a technology for managing animal pest populations through fertility control. It offers ContraPest, a liquid bait that limits reproduction of male and female rats. The company was incorporated in 2004 and is headquartered in Phoenix, Arizona.