Radius Health Inc. (RDUS)

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Radius Health Inc Price Target Update

by Thomas Lindt on January 21, 2015

Radius Health Inc (NASDAQ:RDUS) should head towards $39.33 per share according to 3 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $21 per share. The higher price estimate target is at $52 according to the Analysts.

Many Analysts from different Brokerage Firms have commented on the company rating and price targets.Cantor Fitzgerald maintains their rating on the shares of Radius Health Inc (NASDAQ:RDUS). The current rating of the shares is Buy. Equity Analysts at the Firm raises the price target to $26 per share from $20 per share.

Radius Health Inc (NASDAQ:RDUS) reported a drop of 9.6% or 65,835 shares in its short interest. The short figure came in at 5.8% of the total floats. The average daily volume of 633,924 shares suggests that the days to cover 618,474 short positions, as on December 31,2014, will be 1. On December 15,2014, the short interest was 684,309 shares.

Radius Health Inc (NASDAQ:RDUS) evaporated 0.05% of its value till the close of todays session. The stock opened for trading at $39.19 and the buyers never looked optimistic as the price failed to advance beyond $39.9999. However, the bears used this as an opportunity to sell and the counter continued digging deeper into the red until it hit a low of $37.11. The last exchange occurred at $39.37 with the 662,523 shares exchanging hands. The stock has earlier closed at $39.39. The 52-week high of the share price is $44.67 while the yearly low of the stock is $7.46.

http://wallstreetpulse.org/radius-health-inc-price-target-update/39876/