TherapeuticsMD Inc (NASDAQ:TXMD) reached a new 52-week low during trading on Monday . The company traded as low as $2.89 and last traded at $2.91, with a volume of 132824 shares. The stock had previously closed at $3.15.
A number of equities research analysts have commented on TXMD shares. restated a “buy” rating and set a $14.00 target price on shares of TherapeuticsMD in a research note on Tuesday, February 12th. ValuEngine cut shares of TherapeuticsMD from a “buy” rating to a “hold” rating in a research note on Wednesday, February 20th. Zacks Investment Research cut shares of TherapeuticsMD from a “hold” rating to a “sell” rating in a research note on Thursday, February 28th. BidaskClub upgraded shares of TherapeuticsMD from a “hold” rating to a “buy” rating in a research note on Wednesday, March 6th. Finally, Oppenheimer restated a “buy” rating on shares of TherapeuticsMD in a research note on Tuesday, March 19th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $9.41.
The stock has a market cap of $759.85 million, a PE ratio of -4.17 and a beta of 2.14. The company has a debt-to-equity ratio of 1.26, a quick ratio of 3.28 and a current ratio of 3.39.
Several institutional investors have recently added to or reduced their stakes in the company. Metropolitan Life Insurance Co NY boosted its stake in shares of TherapeuticsMD by 8.2% during the first quarter. Metropolitan Life Insurance Co NY now owns 60,906 shares of the company’s stock valued at $296,000 after purchasing an additional 4,627 shares during the period. FMR LLC boosted its stake in shares of TherapeuticsMD by 0.5% during the first quarter. FMR LLC now owns 18,178,211 shares of the company’s stock valued at $88,527,000 after purchasing an additional 89,870 shares during the period. Daruma Capital Management LLC boosted its stake in shares of TherapeuticsMD by 11.8% during the first quarter. Daruma Capital Management LLC now owns 7,111,035 shares of the company’s stock valued at $34,631,000 after purchasing an additional 750,235 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of TherapeuticsMD by 41.6% during the first quarter. Goldman Sachs Group Inc. now owns 704,516 shares of the company’s stock valued at $3,431,000 after purchasing an additional 206,907 shares during the period. Finally, Ellington Management Group LLC purchased a new stake in shares of TherapeuticsMD during the first quarter valued at $142,000. Hedge funds and other institutional investors own 78.93% of the company’s stock.
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TherapeuticsMD Company Profile (NASDAQ:TXMD)
TherapeuticsMD, Inc operates as a women's health care product company in the United States. The company's hormone therapy drug candidate is the TX-002HR, a natural progesterone formulation for the treatment of secondary amenorrhea without the potentially allergenic component of peanut oil. Its preclinical projects include the development of TX-005HR, a topical progesterone cream; TX-006HR, an estradiol and progesterone topical cream to penetrate human skin; and TX-00THR and TX-0008HR, which are transdermal patch forms.
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