Anteris Technologies Global (NASDAQ:AVR) Stock Price Down 6.2% – What’s Next?

Shares of Anteris Technologies Global Corp (NASDAQ:AVR) fell 6.2% during mid-day trading on Thursday . The stock traded as low as $6.50 and last traded at $6.83. 64,218 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 132,088 shares. The stock had previously closed at $7.28.

Analyst Ratings Changes

Several brokerages have issued reports on AVR. Cantor Fitzgerald began coverage on shares of Anteris Technologies Global in a research note on Tuesday, January 7th. They issued an “overweight” rating and a $9.00 price target on the stock. Lake Street Capital began coverage on shares of Anteris Technologies Global in a research note on Wednesday, January 8th. They issued a “buy” rating and a $20.00 price target on the stock. Barclays began coverage on shares of Anteris Technologies Global in a research note on Tuesday, January 7th. They issued an “overweight” rating and a $22.00 price target on the stock. Finally, TD Cowen began coverage on shares of Anteris Technologies Global in a research report on Tuesday, January 7th. They issued a “buy” rating and a $15.00 price objective for the company.

Anteris Technologies Global Stock Performance

The firm’s 50-day moving average price is $6.73.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of AVR. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Anteris Technologies Global during the 4th quarter worth about $33,000. Maven Securities LTD bought a new stake in shares of Anteris Technologies Global during the 4th quarter worth about $140,000. Boothbay Fund Management LLC bought a new stake in shares of Anteris Technologies Global during the 4th quarter worth about $176,000. 272 Capital LP bought a new stake in shares of Anteris Technologies Global during the 4th quarter worth about $176,000. Finally, Cantor Fitzgerald L. P. bought a new stake in shares of Anteris Technologies Global during the 4th quarter worth about $227,000.

Anteris Technologies Global Company Profile

Anteris Technologies Global Corp. engages in the development and commercialization of medical devices for heart diseases. The company was founded in 1999 and is headquartered in Eagan, MN.