Polarityte, Inc: Lough Denver Bought Stake

March 19, 2018 - By Winifred Garcia

 Polarityte, Inc: Lough Denver Bought Stake

The New Lough Denver Holding in Polarityte, Inc

Lough Denver reported SC 13D/A form with the SEC for Polarityte, Inc. Access it here: 000149315218003526. As reported by Lough Denver, the filler owns 52.59% or 13 shares of the Information Technology–company.

Polarityte, Inc stake is new for [reportingPerson]. Date of activity: March6, 2018. This shows Lough Denver’s positive view for Polarityte, Inc.

Reasons Why Lough Denver Bought – Polarityte, Inc Stock

Item4. Purpose of Transaction

Allof the Issuer’s securities owned by the Reporting Person have been acquired for investment purposes only. Except as setforth above, the Reporting Person has no present plans or proposals that relate to or would result in any of the actions requiredto be described in subsections (a) through (j) of Item 4 of Schedule 13D. The Reporting Person may, at any time, review or reconsidertheir positions with respect to the Issuer and formulate plans or proposals with respect to any of such matters.

SEC Form 13D.

The stock increased 4.82% or $0.83 during the last trading session, reaching $18.04. About 119,523 shares traded. PolarityTE, Inc. (NASDAQ:COOL) has risen 140.86% since March 19, 2017 and is uptrending. It has outperformed by 124.16% the S&P500.

PolarityTE, Inc. operates as commercial-stage biotechnology and regenerative biomaterials firm in the United States. The company has market cap of $255.81 million. The firm focuses on discovering, designing and developing a range of regenerative tissue products and biomaterials for the fields of medicine, biomedical engineering, and material sciences. It currently has negative earnings. The Company’s PolarityTE platform would be able to provide transform tissue regeneration, including potential regeneration of multiple tissue substrates, such as skin, bone, muscle, fat, cartilage, nerves, and blood vessels, as well as neural elements, solid and hollow organ composite tissue systems.

PolarityTE, Inc. (NASDAQ:COOL) Ratings Coverage

Among 2 analysts covering Majesco Entertainment (NASDAQ:COOL), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Majesco Entertainment has $70.0 highest and $9 lowest target. $39.50’s average target is 118.96% above currents $18.04 stock price. Majesco Entertainment had 4 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has “Sell” rating by Zacks given on Tuesday, August 18. Maxim Group initiated the shares of COOL in report on Thursday, August 27 with “Buy” rating. The rating was initiated by Cantor Fitzgerald with “Buy” on Wednesday, February 14. Cantor Fitzgerald maintained it with “Buy” rating and $70.0 target in Tuesday, February 20 report.

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