Consort Medical plc (CSRMY) Rating Lowered to Hold at Zacks Investment Research

Zacks Investment Research cut shares of Consort Medical plc (NASDAQ:CSRMY) from a buy rating to a hold rating in a research note issued to investors on Wednesday morning.

According to Zacks, “Consort Medical Plc engages in the design, development, manufacture and sale of medical drug delivery devices. It operates through the Bespak and Aesica segments. Bespak segment develops and produces drug delivery devices which serves pharmaceutical companies with inhaler and auto-injector technologies. Aesica segment is a contract development and manufacturing organization which serves pharmaceutical firms with active pharmaceutical ingredient and finished dose formulation development and manufacturing services. Consort Medical Plc is headquartered in Hemel Hempstead, United Kingdom. “

Consort Medical plc (CSRMY) opened at 13.85 on Wednesday. The stock has a 50 day moving average of $13.62 and a 200-day moving average of $13.25. The firm has a market capitalization of $676.61 million and a PE ratio of 28.27. Consort Medical plc has a one year low of $12.90 and a one year high of $14.50.

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Consort Medical plc Company Profile

Consort Medical PLC is a contract development and manufacturing organization (CDMO). The Company’s principal activities include designing, development and manufacture of medical drug delivery devices and services for the pharmaceutical industry. The Company operates through two segments: Bespak and Aesica.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:CSRMY”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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