A statement released earlier today by B. Riley about ConforMIS Inc (NASDAQ:CFMS) bumps the target price to $13.00
- Updated: September 16, 2016
Stating a possible upside of 0.43%, B. Riley upped the estimated target of ConforMIS Inc (NASDAQ:CFMS) to $13.
Previously on Thursday September 15 2016, B. Riley released a statement on ConforMIS Inc(NASDAQ:CFMS) raised the target price from $0.00 to $13.00 that suggested an upside of 0.51%.
Only yesterday ConforMIS Inc (NASDAQ:CFMS) traded 5.26% higher at $9.10. The company’s 50-day average is $8.00 and its 200-day average is $8.84. With the last stock price up 2.59% relative to the two hundred day average, compared to the S&P 500 Index which has fallen -0.01% over the same period. 179,044 shares of ConforMIS Inc traded, down from ann average trading volume of 357,788.
Recent Performance Graphic:
ConforMIS Inc has a one-year low of $4.80 and a 52 week high of $23.62. ConforMIS Inc’s total market value is currently $0.0.
Also covering ConforMIS Inc’s target price, a total of 5 brokers have released a ratings update on ConforMIS Inc. The average target is $11.20 with three analysts rating the company a strong buy, three firms rating the stock a buy, 0 firms rating the stock a hold, 0 rating the company to underperform, and lastly 0 firmsrating the stock as sell.
About ConforMIS Inc (NASDAQ:CFMS)
ConforMIS, Inc. is a medical technology company that uses its iFit Image-to-Implant technology platform to develop, manufacture and sell joint replacement implants. The Company’s products include iTotal CR, which is the cruciate-retaining, customized total knee replacement system to restore the natural shape of a patient’s knee; iTotal PS, which is the posterior cruciate ligament substituting, or posterior-stabilized, customized total knee replacement product to restore the natural shape of a patient’s knee; iDuo, which is the customized bicompartmental knee replacement system, and iUni, which is the customized unicompartmental knee replacement product for treatment of the medial or lateral compartment of the knee. Its iFit technology platform comprises three elements: iFit Design, iFit Printing and iFit Just-in-Time Delivery. The Company markets and sells its products in the United States, Germany, the United Kingdom, Austria, Ireland, Switzerland, and Singapore and Hong Kong.
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