Zacks Investment Research downgraded shares of Consort Medical plc (NASDAQ:CSRMY) from a buy rating to a hold rating in a research note published on Tuesday morning.
According to Zacks, “Consort Medical Plc engages in the design, development, manufacture and sale of medical drug delivery devices. It operates through the Bespak and Aesica segments. Bespak segment develops and produces drug delivery devices which serves pharmaceutical companies with inhaler and auto-injector technologies. Aesica segment is a contract development and manufacturing organization which serves pharmaceutical firms with active pharmaceutical ingredient and finished dose formulation development and manufacturing services. Consort Medical Plc is headquartered in Hemel Hempstead, United Kingdom. “
Shares of Consort Medical plc (NASDAQ CSRMY) opened at 15.00 on Tuesday. The firm has a 50-day moving average price of $14.62 and a 200-day moving average price of $13.64. Consort Medical plc has a 1-year low of $12.90 and a 1-year high of $15.00. The company has a market cap of $733.70 million and a P/E ratio of 25.21.
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About Consort Medical plc
Consort Medical PLC is a contract development and manufacturing organization (CDMO). The Company’s principal activities include designing, development and manufacture of medical drug delivery devices and services for the pharmaceutical industry. The Company operates through two segments: Bespak and Aesica.
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