BidaskClub Lowers Orthopediatrics (KIDS) to Sell

Orthopediatrics (NASDAQ:KIDS) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.

Several other analysts also recently issued reports on the company. Zacks Investment Research downgraded Orthopediatrics from a “hold” rating to a “sell” rating in a research note on Tuesday. BTIG Research reissued a “buy” rating and set a $24.00 target price on shares of Orthopediatrics in a research note on Friday, January 5th. William Blair assumed coverage on Orthopediatrics in a research note on Monday, November 6th. They set an “outperform” rating on the stock. Stifel Nicolaus assumed coverage on Orthopediatrics in a research note on Monday, November 6th. They set a “buy” rating and a $23.00 target price on the stock. Finally, Piper Jaffray Companies assumed coverage on Orthopediatrics in a research note on Monday, November 6th. They set an “overweight” rating and a $24.00 target price on the stock. Two investment analysts have rated the stock with a sell rating and four have assigned a buy rating to the company. Orthopediatrics has an average rating of “Hold” and an average price target of $23.67.

Shares of Orthopediatrics (KIDS) traded down $0.06 on Tuesday, reaching $19.10. The company had a trading volume of 15,316 shares, compared to its average volume of 61,990. Orthopediatrics has a 52 week low of $17.03 and a 52 week high of $23.00. The company has a debt-to-equity ratio of -0.38, a quick ratio of 1.00 and a current ratio of 2.78.

In other Orthopediatrics news, Director Harold Ruf bought 11,500 shares of the firm’s stock in a transaction that occurred on Monday, October 16th. The shares were bought at an average price of $13.00 per share, with a total value of $149,500.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

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About Orthopediatrics

OrthoPediatrics Corp. is a United States-based medical device company. The Company designs, develops and commercializes orthopedic implants and instruments to meet the specialized needs of pediatric surgeons and their patients. It operates through the OrthoPediatrics segment, which designs, develops and markets implants and devices for children with orthopedic problems.

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