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Rockwell Medical Technologies, Inc. (RMTI) [hlAlert]

Rating:
Underweight
RMTI
down 1.84 %

Rockwell Medical Technologies, Inc. (RMTI) rated Underweight with price target $7 by Morgan Stanley

Posted on: Thursday,  Aug 13, 2015  10:25 AM ET by Morgan Stanley

Morgan Stanley rated Underweight Rockwell Medical Technologies, Inc. (NASDAQ: RMTI) on 08/13/2015, when the stock price was $11.73.
Since then, Rockwell Medical Technologies, Inc. has gained 1.88% as of 01/21/2016's recent price of $11.95.
If you would have followed this Morgan Stanley's recommendation on RMTI, you would have lost 1.84% of your investment in 161 days.

Rockwell Medical Technologies, Inc. manufactures, sells and distributes hemodialysis concentrate solutions and dialysis kits. The Company sells, distributes and delivers these and other ancillary hemodialysis products primarily to hemodialysis providers in the United States, as well as internationally primarily in Latin America, Asia and Europe. Hemodialysis duplicates kidney function in patients with failing kidneys also known as End Stage Renal Disease (ESRD). Hemodialysis concentrates comprises two primary product types, which are described as acidified dialysate concentrate, also known as acid concentrate, and bicarbonate. The Company?s dialysis solutions (also known as dialysate) are used to maintain life, removing toxins and replacing nutrients in the dialysis patient?s bloodstream. Rockwell Medical Technologies, Inc. has licensed and is developing renal drug therapies for both iron-delivery and carnitine/vitamin-delivery, utilizing dialysate as the delivery mechanism.

Morgan Stanley Investment Research is one of the financial industry's dominant thought leaders in equity and fixed-income investing. Our analysts, economists, and strategists have earned this reputation through timely, in-depth analysis of companies, industries, markets, and the world’s economies. Our teams collaborate to assist Morgan Stanley clients with investment decisions, using cash and derivative instruments across major asset classes and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/13/2015 10:25 AM Sell
None
11.73 7.00
as of 8/27/2015
1 Week up  14.45 %
1 Month down  -1.87 %
3 Months   
1 YTD down  -1.87 %

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