StockNews.com Initiates Coverage on Athersys (NASDAQ:ATHX)

StockNews.com began coverage on shares of Athersys (NASDAQ:ATHX) in a report issued on Tuesday morning. The firm issued a hold rating on the biopharmaceutical company’s stock.

Athersys Stock Performance

The stock has a market capitalization of $833,000.00, a price-to-earnings ratio of -0.01 and a beta of -0.90. Athersys has a one year low of $0.01 and a one year high of $1.99.

Athersys Company Profile

Athersys, Inc, a biotechnology company, focuses on the research and development activities in the field of regenerative medicine. Its clinical development programs are focused on treating neurological conditions, cardiovascular diseases, inflammatory and immune disorders, and pulmonary and other conditions.