TearLab Corp (NASDAQ:TEAR) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: September 24, 2016
Zacks Investment Research has upgraded TearLab Corp (NASDAQ:TEAR) to Hold in a report released on 09/22/2016.
Just yesterday TearLab Corp (NASDAQ:TEAR) traded -0.04% lower at $0.72. TearLab Corp’s 50-day moving average is $0.74 and its 200-day moving average is $0.74. The last closing price is down -3.70% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 35,456 shares of TEAR traded hands, down from an average trading volume of 181,303
Recent Performance Chart
TearLab Corp has with a one year low of $0.58 and a one year high of $2.25 and has a total market value of $0.
A total of 4 analysts have released a report on the stock. One equity analyst rating the stock a strong buy, 3 analysts rating the company a buy, 0 brokers rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $2.31.
General Information About TearLab Corp (NASDAQ:TEAR)
TearLab Corporation is an in-vitro diagnostic company. The Company has commercialized a tear testing platform, the TearLab Osmolarity System, which enables eye care practitioners to test for sensitive and specific biomarkers using nanoliters of tear film at the point-of-care. The Company, through its subsidiary TearLab Research, Inc., develops technologies to enable eye care practitioners to test a range of biomarkers (chemistries, metabolites, genes and proteins) at the point-of-care. Its product, the TearLab Osmolarity System, enables the measurement of tear osmolarity in the doctor's office. The TearLab Osmolarity System consists of approximately three components: the TearLab disposable, the TearLab Pen, and the TearLab Reader. The TearLab disposable is a single-use microfluidic microchip. The TearLab Pen is a hand-held device that interfaces with the TearLab disposable. The TearLab Reader is a small desktop unit that allows for the docking of the TearLab Pen.
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