Maxim Group Keeps Their Hold Rating on Applied DNA Sciences (APDN)

By Carrie Williams

Maxim Group analyst Anthony Vendetti maintained a Hold rating on Applied DNA Sciences (APDNResearch Report) yesterday. The company’s shares closed last Monday at $0.28, close to its 52-week low of $0.25.

Vendetti observed:

“Yesterday, after the Market close, APDN reported better-than-expected F3Q19 (June) revenue, gross margin, and GAAP EPS compared to our estimates.”

According to TipRanks.com, Vendetti is a 4-star analyst with an average return of 3.9% and a 46.4% success rate. Vendetti covers the Healthcare sector, focusing on stocks such as Ellex Medical Lasers Limited, Restoration Robotics Inc, and Xtant Medical Holdings.

The the analyst consensus on Applied DNA Sciences is currently a Hold rating.

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The company has a one-year high of $1.84 and a one-year low of $0.25. Currently, Applied DNA Sciences has an average volume of 432.9K.

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Applied DNA Sciences, Inc. engages in the provision of security solutions. It offers molecular-based technology solutions and services that can help protect products, brands, supply chains, and intellectual property of companies, governments, and consumers from theft, counterfeiting, fraud, and diversion.