Anteris Technologies Global (NASDAQ:AVR) Stock Price Down 6.2% – What’s Next?

Anteris Technologies Global Corp (NASDAQ:AVR) shares fell 6.2% during trading on Thursday . The stock traded as low as $6.50 and last traded at $6.83. 64,218 shares changed hands during trading, a decline of 51% from the average session volume of 132,088 shares. The stock had previously closed at $7.28.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on AVR. Lake Street Capital began coverage on shares of Anteris Technologies Global in a research note on Wednesday, January 8th. They issued a “buy” rating and a $20.00 price objective on the stock. TD Cowen began coverage on shares of Anteris Technologies Global in a research note on Tuesday, January 7th. They issued a “buy” rating and a $15.00 price objective on the stock. Cantor Fitzgerald began coverage on shares of Anteris Technologies Global in a research note on Tuesday, January 7th. They issued an “overweight” rating and a $9.00 price objective on the stock. Finally, Barclays began coverage on shares of Anteris Technologies Global in a research note on Tuesday, January 7th. They issued an “overweight” rating and a $22.00 price objective on the stock.

Anteris Technologies Global Stock Performance

The stock has a fifty day simple moving average of $6.73.

Institutional Investors Weigh In On Anteris Technologies Global

Several hedge funds have recently bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Anteris Technologies Global in the fourth quarter worth $33,000. Maven Securities LTD acquired a new stake in shares of Anteris Technologies Global during the fourth quarter worth $140,000. Boothbay Fund Management LLC acquired a new stake in shares of Anteris Technologies Global during the fourth quarter worth $176,000. 272 Capital LP acquired a new stake in shares of Anteris Technologies Global during the fourth quarter worth $176,000. Finally, Cantor Fitzgerald L. P. acquired a new stake in shares of Anteris Technologies Global during the fourth quarter worth $227,000.

Anteris Technologies Global Company Profile

Anteris Technologies Global Corp. engages in the development and commercialization of medical devices for heart diseases. The company was founded in 1999 and is headquartered in Eagan, MN.