Krystal Biotech (NASDAQ:KRYS) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday.
According to Zacks, “Krystal Biotech, Inc. is a gene therapy company. It engaged in developing and commercializing novel treatments for patients suffering from dermatological diseases. Krystal Biotech, Inc. is based in Pittsburgh, United States. “
Separately, Ladenburg Thalmann Financial Services began coverage on Krystal Biotech in a research note on Wednesday, October 18th. They issued a “buy” rating and a $23.00 price objective on the stock.
Krystal Biotech (NASDAQ:KRYS) last released its quarterly earnings data on Monday, November 13th. The company reported ($1.26) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.74) by ($0.52). equities analysts forecast that Krystal Biotech will post -1.85 earnings per share for the current fiscal year.
A hedge fund recently bought a new stake in Krystal Biotech stock. Highbridge Capital Management LLC acquired a new stake in shares of Krystal Biotech Inc (NASDAQ:KRYS) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 300,000 shares of the company’s stock, valued at approximately $2,991,000. Highbridge Capital Management LLC owned 3.11% of Krystal Biotech as of its most recent SEC filing. 30.72% of the stock is owned by institutional investors and hedge funds.
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Krystal Biotech Company Profile
Krystal Biotech, Inc gene therapy company. The Company is engaged in developing and commercializing novel treatments for patients suffering from dermatological diseases. The Company has developed a Skin TARgeted Delivery platform, or STAR-D platform, that consists of a patent pending engineered viral vector based on herpes simplex virus 1, or HSV-1, and skin-optimized gene transfer technology, to develop off-the-shelf treatments for dermatological diseases.
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