Chardan Capital Begins Coverage on DarioHealth (DRIO)

Chardan Capital started coverage on shares of DarioHealth (NASDAQ:DRIO) in a report released on Monday. The firm issued a buy rating on the stock.

Separately, ValuEngine upgraded shares of DarioHealth from a strong sell rating to a sell rating in a research report on Friday, February 2nd.

DRIO opened at $1.72 on Monday. DarioHealth has a 12 month low of $1.32 and a 12 month high of $3.64. The firm has a market capitalization of $27.69, a P/E ratio of -1.05 and a beta of -1.75.



DarioHealth (NASDAQ:DRIO) last released its quarterly earnings data on Monday, March 19th. The company reported ($1.23) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.28) by ($0.95). DarioHealth had a negative net margin of 309.54% and a negative return on equity of 371.52%. The firm had revenue of $1.58 million during the quarter. research analysts expect that DarioHealth will post -0.79 earnings per share for the current year.

A hedge fund recently bought a new stake in DarioHealth stock. Anson Funds Management LP acquired a new stake in DarioHealth (NASDAQ:DRIO) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 105,071 shares of the company’s stock, valued at approximately $168,000. Anson Funds Management LP owned approximately 1.02% of DarioHealth as of its most recent SEC filing. Institutional investors and hedge funds own 1.67% of the company’s stock.

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DarioHealth Company Profile

DarioHealth Corp., a digital health company, develops and commercializes patented and proprietary technologies providing consumers with laboratory-testing capabilities using smart phones and other mobile devices. Its flagship product is Dario, a mobile, real-time, cloud-based, diabetes management solution based on a multi-feature software application combined with Dario Smart Meter, a pocket-sized, blood glucose monitoring device.

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