Rosetta Genomics Ltd. (ROSG) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Rosetta Genomics Ltd. (NASDAQ:ROSG) have received an average broker rating score of 2.00 (Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company. Rosetta Genomics’ rating score has declined by 100% in the last 90 days as a result of various analysts’ upgrades and downgrades.

Brokers have set a 12 month consensus price objective of $2.05 for the company, according to Zacks. Zacks has also given Rosetta Genomics an industry rank of 114 out of 265 based on the ratings given to related companies.

Separately, Barrington Research lowered shares of Rosetta Genomics from an “outperform” rating to a “market perform” rating in a report on Monday, December 18th.

Shares of Rosetta Genomics (NASDAQ ROSG) traded up $0.04 on Tuesday, hitting $0.55. 253,900 shares of the stock were exchanged, compared to its average volume of 147,611. The stock has a market capitalization of $3.26, a price-to-earnings ratio of -0.05 and a beta of 0.31. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.03. Rosetta Genomics has a 12-month low of $0.48 and a 12-month high of $6.96.

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About Rosetta Genomics

Rosetta Genomics Ltd. is engaged in developing and commercializing new diagnostic tests based on various genomics markers, including deoxyribonucleic acid (DNA), micro ribonucleic acid (microRNA) and protein biomarkers and using various technologies, including, Quantitative polymerase chain reaction (qPCR), microarrays, Next Generation Sequencing (NGS) and Fluorescence In Situ Hybridization (FISH).

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