HC Wainwright reaffirmed their buy rating on shares of Bellerophon Therapeutics (NASDAQ:BLPH) in a research report released on Tuesday.
Separately, ValuEngine upgraded Bellerophon Therapeutics from a strong sell rating to a sell rating in a research report on Thursday, March 15th.
Bellerophon Therapeutics (NASDAQ:BLPH) opened at $2.02 on Tuesday. The company has a market capitalization of $110.72, a PE ratio of -1.46 and a beta of -0.32. Bellerophon Therapeutics has a 1 year low of $1.00 and a 1 year high of $2.74.
A number of institutional investors have recently bought and sold shares of BLPH. Virtu Financial LLC bought a new position in Bellerophon Therapeutics in the fourth quarter valued at about $146,000. Bank of New York Mellon Corp bought a new position in Bellerophon Therapeutics in the fourth quarter valued at about $458,000. EAM Investors LLC bought a new position in Bellerophon Therapeutics in the fourth quarter valued at about $614,000. Vanguard Group Inc. raised its position in Bellerophon Therapeutics by 52.6% in the second quarter. Vanguard Group Inc. now owns 612,641 shares of the biotechnology company’s stock valued at $821,000 after purchasing an additional 211,111 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in Bellerophon Therapeutics by 25.3% in the fourth quarter. Renaissance Technologies LLC now owns 927,200 shares of the biotechnology company’s stock valued at $2,392,000 after purchasing an additional 187,200 shares during the last quarter. Hedge funds and other institutional investors own 59.86% of the company’s stock.
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Bellerophon Therapeutics Company Profile
Bellerophon Therapeutics, Inc is a clinical-stage therapeutics company. The Company is focused on developing products at the intersection of drugs and devices that address medical needs in the treatment of cardiopulmonary diseases. The Company is focused on the development of its nitric oxide therapy for patients with pulmonary hypertension (PH), using its delivery system, INOpulse, with pulmonary arterial hypertension (PAH) as the lead indication.
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