KeyBanc Downgrades Patheon N.V. Ordinary shares, par value 0.01 per share to Sector Weight

Brokerage firm KeyBanc Downgrades its rating on Patheon N.V. Ordinary shares, par value 0.01 per share(PTHN). The shares have been rated Sector Weight. Previously, the analysts had a Overweight rating on the shares. The rating by the stock financial advisor at KeyBanc was issued on Mar 17, 2017 in a research report to their Investors and Clients.

Patheon N.V. Ordinary shares, par value 0.01 per share (PTHN) made into the market gainers list on Wednesdays trading session with the shares advancing 0.42% or 0.11 points. Due to strong positive momentum, the stock ended at $26.49, which is also near the day’s high of $26.79. The stock began the session at $26.43 and the volume stood at 7,02,195 shares. The 52-week high of the shares is $32.95 and the 52 week low is $23.7201. The company has a current market capitalization of $3,845 M and it has 14,51,36,210 shares in outstanding.

Patheon N.V. Ordinary shares, par value 0.01 per share(PTHN) last announced its earnings results on Mar 16, 2017 for Fiscal Year 2017 and Q1.Company reported revenue of $457.400M. Analysts had an estimated revenue of $463.860M. Earnings per share were $0.14. Analysts had estimated an EPS of $0.23.

Add Comment