Alliqua Inc fka ALQA

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H.C. Wainwright Assigned a Buy Rating to Alliqua

By George Macdonald
May 18, 2015

In a report published on May 15, Swayampakula Ramakanth from H.C. Wainwright Assigned a Buy rating to Alliqua (NASDAQ: ALQA), with a price target of $11. The company’s shares closed last Friday at $4.48.

Alliqua has an analyst consensus of Strong Buy, with a price target consensus of $8.

The company has a one year high of $7.20 and a one year low of $3.70. Currently, Alliqua has an average volume of 90.85k.

According to TipRanks, Ramakanth is a 3-star analyst with an average return of 4.6% and a 28.1% success rate. Ramakanth covers the Healthcare sector, focusing on stocks such as IntelGenx Technologies, Sorrento Therapeutics, and Aldeyra Therapeutics.

Alliqua BioMedical Inc is a biomedical company providing wound care solutions. It is also engaged in contract manufacturing.


http://www.analystratings.com/2015/05/18/h-c-wainwright-assigned-a-buy-rating-to-alliqua/407002/