Zacks Investment Research Upgrades NICOX SA EUR1 (NICXF) to Hold

NICOX SA EUR1 (NASDAQ:NICXF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Wednesday.

According to Zacks, “Nicox is an international commercial-stage company focused on the ophthalmic market. With a heritage of innovative R&D, business development and marketing expertise, they are building a diversified portfolio of ophthalmic products that can help people to enhance their sight. Nicox’s advanced pipeline features two pre-NDA candidates (Vesneo for glaucoma, partnered with Bausch + Lomb / Valeant and AC-170 for allergic conjunctivitis) as well as two pre-MAA candidates (AzaSite for bacterial conjunctivitis and BromSite for pain and inflammation after cataract surgery). The Group operates directly in six countries, including the United States. It has proprietary commercial operations in Europe’s five largest markets complemented by an expanding international network of distributors. Nicox is headquartered in France and has more than 120 staff worldwide. It is listed on Euronext Paris (Category B: Mid Caps) and is part of the CAC Healthcare, CAC Pharma & Bio and Next 150 indexes. “

NICOX SA EUR1 (NASDAQ:NICXF) opened at 10.17 on Wednesday. NICOX SA EUR1 has a 52-week low of $1.69 and a 52-week high of $14.75. The stock’s 50 day moving average price is $11.64 and its 200 day moving average price is $10.88. The company’s market cap is $232.30 million.

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