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Anika Therapeutics, Inc is currently in a long term uptrend where the price is trading 8.9% above its 200 day moving average.
From a valuation standpoint, the stock is 99.7% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 4.4.
Anika Therapeutics, Inc's total revenue rose by 9.8% to $33M since the same quarter in the previous year.
Its net income has dropped by 486.5% to $-16M since the same quarter in the previous year.
Finally, its free cash flow fell by 83.2% to $2M since the same quarter in the previous year.
Based on the above factors, Anika Therapeutics, Inc gets an overall score of 3/5.
Exchange | NASDAQ |
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CurrencyCode | USD |
ISIN | US0352551081 |
Sector | Healthcare |
Industry | Drug Manufacturers - Specialty & Generic |
PE Ratio | None |
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Target Price | 23 |
Market Cap | 201M |
Beta | 0.81 |
Dividend Yield | None |
Anika Therapeutics, Inc., a joint preservation company, creates and delivers advancements in early intervention orthopedic care in the areas of osteoarthritis (OA) pain management, regenerative solutions, sports medicine, and arthrosurface joint solutions in the United States, Europe, and internationally. The company develops, manufactures, and commercializes products based on hyaluronic acid (HA) technology platform. Its OA pain management products include Monovisc and Orthovisc, an injectable HA-based viscosupplement for the pain relief from osteoarthritis conditions; and Cingal, a single-injection OA pain management product to provide short-and long-term pain relief. The company's joint preservation and restoration product family comprises orthopedic regenerative solutions, including Hyalofast and Tactoset; sports medicine solutions to repair and reconstruct damaged ligaments and tendons; and preserving joint solutions, including partial joint replacement, joint resurfacing, and invasive and bone sparing implants to treat upper and lower extremity orthopedic conditions. In addition, the company offers non-orthopedic products comprising HA-based products for Hyvisc, a molecular weight injectable HA veterinary product; Hyalobarrier, an anti-adhesion barrier for use after abdominal-pelvic surgeries; and Hyalomatrix for the treatment of burns and ulcers, as well as products used for the treatment of ears, nose and throat disorders, and ophthalmic. Anika Therapeutics, Inc. was founded in 1983 and is headquartered in Bedford, Massachusetts.
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