Valuation Review and Technical Analysis of Flexion Therapeutics (FLXN)

The FDA on Friday backed Flexion's Zilretta to treat osteoarthritic knee pain

The FDA on Friday backed Flexion's Zilretta to treat osteoarthritic knee pain

Other analysts also recently issued reports about the stock. Wells Fargo & Company set a $39.00 price target on shares of Flexion Therapeutics and gave the company a "buy" rating in a report on Friday. ValuEngine upgraded Flexion Therapeutics from a "sell" rating to a "hold" rating in a research note on Wednesday, June 21st. Needham & Company LLC reiterated a "buy" rating and issued a $36.00 price target (up previously from $34.00) on shares of Flexion Therapeutics in a research note on Thursday, August 10th. The Firm has ATR of 1.78 that is explaining range of a day's trading is high-low; ATR expands it to yesterday's closing price if it was outside of current range.

Short traders are more bullish on shares of the company if you look at the downtick in short interest. 785,165 shares of the company traded hands.

Some values in stock market possibly will oblige dedication of a person and lot of hard work.

The company's 50-day moving average is $24.68 and its 200-day moving average is $22.57. $129,448 worth of Flexion Therapeutics Inc (NASDAQ:FLXN) shares were sold by Bodick Neil.

Flexion Therapeutics (NASDAQ:FLXN) last released its quarterly earnings results on Tuesday, August 8th.

Maximum and minimum EPS estimate for the current quarter is projected at $-0.85 and $-1.71, respectively, according to 9 analysts. Analysts anticipate that Flexion Therapeutics will post ($3.75) earnings per share for the current year.

According to Flexion Therapeutics, Inc.'s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 83.00%. "(FLXN)" was originally posted by TrueBlueTribune and is the property of of TrueBlueTribune. If you are reading this story on another site, it was illegally stolen and republished in violation of United States and global trademark and copyright legislation. In a report published on Monday, 9 October, BMO Capital reaffirmed their Outperform rating on shares of FLXN.

The financial company has just set a target price of $37 on Flexion Therapeutics (NASDAQ:FLXN) shares. The shares were acquired at an average cost of $24.15 per share, for a total transaction of $72,450.00. Following the completion of the acquisition, the insider now directly owns 5,000 shares in the company, valued at $127,000. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. Investors measure stock performance on the basis of a company's earnings power. Hedge funds and other institutional investors own 83.26% of the company's stock. They now have a $38.00 price objective on the specialty pharmaceutical company's stock, up from their prior price objective of $35.00.

In terms of Buy, Sell or Hold recommendations, Flexion Therapeutics (NASDAQ:FLXN) has analysts' mean recommendation of 1.7. Ardsley Advisory Partners bought a new stake in Flexion Therapeutics during the second quarter worth $3,338,000. Teachers Advisors LLC now owns 44,796 shares of the specialty pharmaceutical company's stock valued at $1,205,000 after acquiring an additional 1,328 shares during the period.

Analytical Significance of Simple Moving Average for Flexion Therapeutics, Inc. Public Employees Retirement System of OH raised its position in Flexion Therapeutics by 69.4% during the second quarter. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information.

Flexion Therapeutics, Inc.is a United States specialty pharmaceutical company. Roughly one-fifth of OA patients have type 2 diabetes, meaning a pain treatment with a reduced risk of increasing blood sugar would likely be viewed more favorably by physicians. (FLXN) announced that the FDA has approved Zilretta (triamcinolone acetonide extended-release injectable suspension), the first and only extended-release, intra-articular injection for osteoarthritis knee pain.

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