Ritter Pharmaceuticals (RTTR) Reaches New 1-Year Low at $0.80

Ritter Pharmaceuticals Inc (NASDAQ:RTTR) hit a new 52-week low during trading on Thursday . The stock traded as low as $0.80 and last traded at $0.82, with a volume of 9527 shares. The stock had previously closed at $1.07.

Several equities research analysts recently commented on the stock. ValuEngine lowered shares of Ritter Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Monday, October 29th. Zacks Investment Research raised shares of Ritter Pharmaceuticals from a “sell” rating to a “hold” rating in a report on Wednesday, August 1st. Finally, HC Wainwright reissued a “buy” rating and issued a $15.00 price target on shares of Ritter Pharmaceuticals in a report on Wednesday, August 15th.

The firm has a market capitalization of $5.37 million, a PE ratio of -0.18 and a beta of 1.21.

Ritter Pharmaceuticals (NASDAQ:RTTR) last released its earnings results on Tuesday, August 14th. The biotechnology company reported ($0.71) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.56) by ($0.15). Analysts predict that Ritter Pharmaceuticals Inc will post -2.97 EPS for the current year.

In other Ritter Pharmaceuticals news, Director Matthew W. Foehr bought 19,751 shares of the company’s stock in a transaction dated Friday, August 17th. The stock was acquired at an average price of $2.04 per share, with a total value of $40,292.04. Following the completion of the acquisition, the director now directly owns 54,751 shares of the company’s stock, valued at $111,692.04. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 21.60% of the stock is owned by corporate insiders.

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Ritter Pharmaceuticals Company Profile (NASDAQ:RTTR)

Ritter Pharmaceuticals, Inc develops and sells novel therapeutic products that modulate the human gut microbiome to treat gastrointestinal diseases. Its lead product candidate is RP-G28, a novel microbiome modulator, which has completed Phase 2b clinical trial for the reduction of symptoms associated with lactose intolerance.

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