SOPHiA Genetics (NASDAQ:SOPH) Trading 4.4% Higher

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SOPHiA Genetics SA (NASDAQ:SOPH – Get Rating)’s share price was up 4.4% during trading on Friday . The stock traded as high as $10.65 and last traded at $10.65. Approximately 130 shares were traded during trading, a decline of 100% from the average daily volume of 90,020 shares. The stock had previously closed at $10.20.

Several equities analysts have commented on SOPH shares. Morgan Stanley lowered their target price on shares of SOPHiA Genetics from $23.00 to $18.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 15th. Zacks Investment Research downgraded shares of SOPHiA Genetics from a “hold” rating to a “sell” rating in a research report on Friday, February 18th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $21.00.


The company’s 50-day simple moving average is $12.17 and its 200 day simple moving average is $14.44.

Hedge funds have recently added to or reduced their stakes in the business. Northern Trust Corp bought a new stake in SOPHiA Genetics during the fourth quarter valued at about $89,000. Compagnie Lombard Odier SCmA bought a new stake in SOPHiA Genetics during the third quarter valued at about $140,000. UBS Group AG bought a new stake in SOPHiA Genetics during the third quarter valued at about $187,000. Geode Capital Management LLC bought a new stake in SOPHiA Genetics during the fourth quarter valued at about $189,000. Finally, Citadel Advisors LLC bought a new stake in SOPHiA Genetics during the fourth quarter valued at about $200,000. Institutional investors own 29.08% of the company’s stock.

About SOPHiA Genetics (NASDAQ:SOPH)

SOPHiA GENETICS SA is a healthcare technology company dedicated to establishing the practice of data-driven medicine as the standard of care and for life sciences research. It is the creator of the SOPHiA DDM(TM) Platform, a cloud-based SaaS platform capable of analyzing data and generating insights from complex multimodal data sets and different diagnostic modalities.

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