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Enter Symbol:
 
Cardica, Inc. (CRDC) [hlAlert]

Rating:
Outperform
CRDC
down 86.27 %

Cardica, Inc. (CRDC) rated Outperform by Wedbush

Posted on: Friday,  May 31, 2013  8:25 AM ET by Wedbush

Wedbush rated Outperform Cardica, Inc. (NASDAQ: CRDC) on 05/31/2013. Previously Wedbush rated Outperform Cardica, Inc. (NASDAQ: CRDC) on 12/10/2010.,
when the stock price was $2.55. Since then, Cardica, Inc. has lost 86.27% as of 09/10/2015's recent price of $0.35.
If you would have followed the previous Wedbush 's recommendation on CRDC, you would have lost 86.27% of your investment in 1735 days.

Cardica, Inc. designs and manufactures proprietary automated anastomotic systems used by surgeons to perform coronary artery bypass graft surgery. In these surgery procedures, veins or arteries are used to construct alternative conduits to restore blood flow beyond narrowed or occluded portions of coronary arteries, bypassing the narrowed or occluded portion of the artery that is impairing blood flow to the heart muscle. Our first two products, the C-Port Distal Anastomosis System, and the PAS-Port Proximal Anastomosis System, provide cardiovascular surgeons with easy-to-use automated systems to perform consistent, rapid and reliable connections, or anastomoses, of the vessels, which surgeons generally view as the most critical aspect of the bypass procedure.

Wedbush is Headquartered in Los Angeles, California with over 90 offices and more than 125 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth. We deliver superior investment ideas and products through exceptional customer care, financial security, continuity and advanced technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/31/2013 8:25 AM Buy
None
1.30
as of 12/13/2013
1 Week down  -10.71 %
1 Month down  -12.28 %
3 Months down  -15.25 %
1 YTD down  -9.09 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/16/2010 1:25 PM Buy
None
3.77 5.00
12/10/2010 9:25 AM Buy
None
2.55 4.00

(*) Stock Price at the time of the recommendation.
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