Editas Medicine, Inc. (NASDAQ:EDIT) Coverage Initiated at SunTrust Banks, Inc

The day began at US$15.36 but the price moved to US$15.13 at one point during the trading and finally capitulating to a session high of US$15.94. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. Ark Investment Management LLC added to its investment by buying 280,265 shares an increase of 121.9% in the quarter. The company reported ($0.65) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.64) by $0.01. To conclude comes the ratings part in which the company was evaluated with "2" Analysts of WSJ going for Buy ratings in current phase. J P Morgan Chase & Co set a $27.00 target price on shares of Editas Medicine and gave the stock a "hold" rating in a research report on Wednesday. Norges Bank purchased a new position in Editas Medicine during the fourth quarter worth $1,479,000.

Editas Medicine, Inc. has a 12-month low of $12.43 and a 12-month high of $29.20. State Street Corp increased its stake in shares of Editas Medicine by 2.4% in the fourth quarter. The business's revenue was down 8.8% compared to the same quarter a year ago.

Editas Medicine (NASDAQ:EDIT) previously issued its earnings report on early Wed, Aug 9th. For now, EDIT is the toast of Wall Street as its ABR stands at 2.60 with 0 out of 7 analysts rating the stock a buy.

The AMC Entertainment Holdings, Inc. (AMC) Downgraded by Barclays PLC
As of quarter end Parametric Portfolio Associates LLC had bought a total of 151,672 shares growing its holdings by 154.3%. The value of the investment in (AMC) decreased from $46,780,000 to $46,146,000 a change of $634,000 quarter over quarter.

Creative Planning boosted its position in shares of Editas Medicine, Inc. The company had revenue of $3.10 million during the quarter, compared to the consensus estimate of $2.20 million. (NASDAQ:EDIT). Gerald Frank Cox, Chief Medical Officer acquired $56,600 worth of shares at an average price of $14.15 on Friday the 2nd. Their average price target spell out an upbeat performance - a 87% and would give EDIT a market capitalization of almost $1.47B.

Institutional investors and hedge funds own 67.87% of the company's stock. Dealing with market volatility is normal, but exploring all aspects of a company may be a good way to combat day to day volatility. Creative Planning now owns 9,101 shares of the company's stock worth $153,000 after buying an additional 9,000 shares during the last quarter.

Editas Medicine Cmn (NASDAQ:EDIT) shares traded on 9.68% up secure line and closed at $19.72. Nisa Investment Advisors LLC purchased a new stake in shares of Editas Medicine during the second quarter worth approximately $1,322,000.

Philadelphia Eagles trade Jordan Mathews to Buffalo Bills
But after the bombshell he dropped at One Bills Drive, one would have to believe that no one on the Buffalo roster is untouchable. Robert Woods , who spent the last three seasons playing opposite Watkins in Buffalo, signed in LA earlier in the offseason.

About 1.13 million shares traded or 71.40% up from the average. Analysts expect next quarter's EPS to be $-0.78 with next year's EPS anticipated to be $-2.97. Finally, Fox Run Management L.L.C. acquired a new position in Editas Medicine during the first quarter worth approximately $272,000. They issued a "market perform" rating for the company. During the same period in the prior year, the business posted ($0.80) EPS. "(EDIT) Will Announce Quarterly Sales of $2.88 Million" was first posted by Rincon Hill News and is the sole property of of Rincon Hill News. If you are reading this report on another publication, it was illegally copied and reposted in violation of United States and worldwide copyright laws.

The following firms have also recently changed their position in EDIT. The original version of this news story can be accessed at https://baseballnewssource.com/markets/editas-medicine-inc-nasdaqedit-raised-to-buy-at-zacks-investment-research-updated-updated-updated/1217483.html. The Chief Medical Officer now owns $56,600 of the stock as reported to the SEC.

On 6/2/2017 Boris Nikolic, Director, bought 35,000 with an average share price of $14.07 per share and the total transaction amounting to $492,450.00.

Venkaiah Naidu to be sworn in as India's 13th Vice President today
Soon after he was administered oath as the 15th vice president of India, Naidu took over as the chairman of the Upper House. It is not easy for a non- Hindi speaking person to be the national president of the BJP .

According to Zacks, "Editas Medicine, Inc.is a genome editing company". Company shares were recently noted 4.04% off of the 50-day high and 45.91% away from the 50-day low. The information was declared in a document with the Security and Exchange Commission, which is available at this link. Lastly, Cowen and Company reiterated a "buy" recommendation on stocks of Editas Medicine in a note on Wed, Mar 15th. The disclosure for this purchase can be found here. It is engaged in treating patients with genetically defined diseases by correcting their disease-causing genes. The Company is developing a genome editing platform based on clustered, regularly interspaced short palindromic repeats (CRISPR) technology.

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