Northland Securities set a $10.00 price target on Aytu Bioscience (NASDAQ:AYTU) in a research note released on Friday morning, TipRanks reports. The firm currently has a buy rating on the stock.

Several other analysts have also issued reports on AYTU. ValuEngine upgraded shares of Aytu Bioscience from a hold rating to a buy rating in a research report on Thursday, August 1st. Zacks Investment Research lowered shares of Aytu Bioscience from a buy rating to a hold rating in a research report on Friday, August 2nd.

NASDAQ AYTU opened at $1.43 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 4.10 and a quick ratio of 3.76. The firm has a market capitalization of $23.20 million, a price-to-earnings ratio of -0.05 and a beta of 4.65. The companys fifty day moving average is $1.41 and its two-hundred day moving average is $1.69. Aytu Bioscience has a 52-week low of $0.68 and a 52-week high of $4.80.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Searle & CO. grew its position in Aytu Bioscience by 1,241.6% in the 2nd quarter. Searle & CO. now owns 201,247 shares of the companys stock worth $380,000 after purchasing an additional 186,247 shares during the last quarter. BlackRock Inc. acquired a new stake in Aytu Bioscience in the 2nd quarter worth $36,000. Finally, Bank of New York Mellon Corp acquired a new stake in Aytu Bioscience in the 2nd quarter worth $75,000. Institutional investors own 19.20% of the companys stock.

About Aytu Bioscience

Aytu BioScience, Inc, a specialty healthcare company, focuses on developing and commercializing novel products in the field of hypogonadism (low testosterone), insomnia, and male infertility in the United States and internationally. The company markets Natesto, a nasal gel for the treatment of hypogonadism (low testosterone) in men; and ZolpiMist, an oral spray for the treatment of insomnia.

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Northland Securities Analysts Give Aytu Bioscience (NASDAQ:AYTU) a $10.00 Price Target - TechNewsObserver

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