StockNews.com Begins Coverage on SenesTech (NASDAQ:SNES)

Analysts at StockNews.com began coverage on shares of SenesTech (NASDAQ:SNES) in a note issued to investors on Tuesday. The firm set a “sell” rating on the stock.

SenesTech Stock Down 6.2 %

NASDAQ:SNES opened at $2.27 on Tuesday. The firm’s fifty day simple moving average is $3.37 and its 200-day simple moving average is $5.49. The company has a quick ratio of 3.49, a current ratio of 4.68 and a debt-to-equity ratio of 0.05. SenesTech has a fifty-two week low of $1.90 and a fifty-two week high of $53.28.

SenesTech (NASDAQ:SNES) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($3.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($3.20) by $0.12. The company had revenue of $0.46 million during the quarter, compared to the consensus estimate of $0.49 million. SenesTech had a negative net margin of 464.09% and a negative return on equity of 168.64%. During the same period last year, the firm earned ($84.03) EPS. Sell-side analysts predict that SenesTech will post -11 earnings per share for the current year.

About SenesTech

SenesTech, Inc develops a technology for managing animal pest populations through fertility control. It offers ContraPest, a liquid bait that limits reproduction of male and female rats. The company was incorporated in 2004 and is headquartered in Phoenix, Arizona.