Asante Solutions (PUMP) Scheduled to Post Quarterly Earnings on Wednesday

Asante Solutions (NASDAQ:PUMP) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, November 13th. Analysts expect the company to announce earnings of $0.48 per share for the quarter.

Shares of PUMP stock traded up $0.18 on Tuesday, hitting $7.54. 1,103 shares of the stock traded hands, compared to its average volume of 1,658,147. Asante Solutions has a 1-year low of $7.11 and a 1-year high of $25.38. The company’s fifty day moving average is $8.59 and its 200 day moving average is $15.00.

PUMP has been the topic of several research reports. Citigroup dropped their price target on Asante Solutions from $10.70 to $10.30 and set a “neutral” rating on the stock in a research report on Tuesday, October 1st. Bank of America dropped their price target on Asante Solutions from $18.00 to $13.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 28th. Piper Jaffray Companies raised Asante Solutions from a “neutral” rating to an “overweight” rating and dropped their price target for the company from $17.00 to $12.00 in a research report on Thursday, October 10th. BidaskClub lowered Asante Solutions from a “sell” rating to a “strong sell” rating in a research report on Saturday, July 27th. Finally, Credit Suisse Group set a $15.00 target price on Asante Solutions and gave the stock a “buy” rating in a research report on Friday, October 11th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and twelve have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $16.37.

About Asante Solutions

Asante Solutions, Inc is a medical device company. The Company is a manufacturer of Asante Snap Insulin Pump System (Snap system), which is a pump featuring a modular design with pre-filled insulin cartridges and disposable pump bodies, utilized in combination with a controller. The Snap system comprises four components: the Snap system controller, a disposable pump body, disposable pre-filled insulin cartridges and disposable infusion sets.

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Earnings History for Asante Solutions (NASDAQ:PUMP)

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