Biomea Fusion (BMEA) News Today

Shares of Biomea Fusion, Inc. (NASDAQ:BMEA - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the nine ratings firms that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and six have issued a buy r

Biomea Fusion, Inc. (NASDAQ:BMEA - Get Free Report) saw a large decline in short interest in August. As of August 15th, there was short interest totalling 7,140,000 shares, a decline of 8.0% from the July 31st total of 7,760,000 shares. Based on an average daily trading volume, of 1,340,000 shares, the days-to-cover ratio is presently 5.3 days. Approximately 25.5% of the shares of the stock are sold short.

Citigroup reduced their price objective on shares of Biomea Fusion from $45.00 to $22.00 and set a "buy" rating for the company in a report on Tuesday.

Shares of Biomea Fusion, Inc. (NASDAQ:BMEA - Get Free Report) have been assigned an average rating of "Moderate Buy" from the eight brokerages that are currently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and fi

Biomea Fusion (NASDAQ:BMEA - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported ($1.03) earnings per share for the quarter, meeting the consensus estimate of ($1.03).

HC Wainwright reaffirmed a "buy" rating and set a $15.00 price target on shares of Biomea Fusion in a research note on Thursday.

Janus Henderson Group PLC decreased its position in Biomea Fusion, Inc. (NASDAQ:BMEA - Free Report) by 25.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,285,278 shares of the company's stock after selling 432,967 share

HC Wainwright reissued a "buy" rating and issued a $15.00 price objective on shares of Biomea Fusion in a research note on Tuesday.

Biomea Fusion, Inc. (NASDAQ:BMEA - Get Free Report) was the target of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 11,930,000 shares, a decline of 9.2% from the May 15th total of 13,140,000 shares. Based on an average trading volume of 1,220,000 shares, the days-to-cover ratio is presently 9.8 days. Currently, 42.9% of the shares of the stock are short sold.