Hyperion DeFi, Inc. (NASDAQ:HYPD) Given Average Recommendation of "Reduce" by Brokerages

Key Points

• Hyperion DeFi, Inc. (NASDAQ:HYPD) has received an average recommendation of "Reduce" from five brokerages, with one sell rating and four hold ratings.
• The stock has experienced a price decline of 6.4% recently, trading at $11.07, and has a market cap of approximately $77.05 million.
• Institutional investors hold 25.84% of Hyperion DeFi's stock, with Virtu Financial recently acquiring a new stake valued at about $25,000.

Hyperion DeFi, Inc. (NASDAQ:HYPD - Get Free Report) has been given an average rating of "Reduce" by the five ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $2.00.

A number of equities research analysts recently commented on HYPD shares. Wall Street Zen downgraded Hyperion DeFi from a "hold" rating to a "sell" rating in a report on Saturday, July 26th. Weiss Ratings restated a "sell (d-)" rating on shares of Hyperion DeFi in a report on Saturday, September 27th.

Institutional Investors Weigh In On Hyperion DeFi

A hedge fund recently bought a new stake in Hyperion DeFi stock. Virtu Financial LLC purchased a new position in Hyperion DeFi, Inc. (NASDAQ:HYPD - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 23,065 shares of the company's stock, valued at approximately $25,000. Virtu Financial LLC owned approximately 0.82% of Hyperion DeFi at the end of the most recent reporting period. Institutional investors and hedge funds own 25.84% of the company's stock.

Hyperion DeFi Trading Down 6.4%

NASDAQ HYPD traded down $0.76 on Friday, reaching $11.07. The company had a trading volume of 698,793 shares, compared to its average volume of 1,877,465. The stock's 50 day moving average is $8.24 and its 200-day moving average is $5.73. The stock has a market cap of $77.05 million, a price-to-earnings ratio of -0.19 and a beta of 2.57. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.20. Hyperion DeFi has a 52 week low of $0.85 and a 52 week high of $47.33.

Hyperion DeFi (NASDAQ:HYPD - Get Free Report) last released its quarterly earnings data on Wednesday, August 13th. The company reported ($2.50) EPS for the quarter. Hyperion DeFi had a negative net margin of 62,238.41% and a negative return on equity of 876.25%. Equities analysts predict that Hyperion DeFi will post -41.6 earnings per share for the current year.

About Hyperion DeFi

Eyenovia, Inc, an ophthalmic technology company, engages in the development of therapeutics based on its proprietary microdose array print platform technology. The company's product candidates include MicroPine, which is in Phase III clinical development program with indications for pediatric myopia progression (near-sightedness); MicroLine, which is in Phase III clinical development program with indications for the improvement in near vision in people with presbyopia; and Mydcombi, which is in Phase III clinical development program with indications for pharmaceutical mydriasis.

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