Polarityte, Inc: Lough Denver Bought Stake

February 15, 2018 - By Hazel Jackson

 Polarityte, Inc: Lough Denver Bought Stake

The New Lough Denver Holding in Polarityte, Inc

Lough Denver reported SC 13D form with the SEC for Polarityte, Inc. Access it here: 000149315218002124. As reported by Lough Denver, the filler owns 52.73% or 13 shares of the Information Technology–company.

Polarityte, Inc stake is new for [reportingPerson]. Date of activity: February14, 2018. This shows Lough Denver’s positive view for Polarityte, Inc.

Reasons Why Lough Denver Bought – Polarityte, Inc Stock

Item4. Purpose of Transaction

All of the Issuer’s securities owned by the Reporting Person have been acquired for investment purposesonly. Except as set forth above, the Reporting Personhas no present plans or proposals that relate to or would result in any of the actions required to be described in subsections(a) through (j) of Item 4 of Schedule 13D. The Reporting Person may, at any time, review or reconsider their positions with respectto the Issuer and formulate plans or proposals with respect to any of such matters.

Polarityte, Inc Institutional Sentiment

Filings show 12 investors own Polarityte, Inc. The ownership in Q3 2015 is low, at Infinity of the outstanding shares. This is increased by 79008. 703372 were owned by these investors. 4 funds opened new Polarityte, Inc stakes, 2 increased positions. There were 3 that closed positions and 2 reduced them.

Jim Simons Renaissance Technologies Llc is an investor bullish on Polarityte, Inc, owning 187499 shares as of Q3 2015 for less than 0.01% of its portfolio. Wealthfront Inc owns 57 shares or less than 0.01% of its portfolio. CA Concert Wealth Management Inc have less than 0.01% of its portfolio for 10000 shares. Further, Colony Group Llc reported stake worth less than 0.01% of its portfolio. The IL Dsc Advisors Lp owns 286952 shares. Polarityte, Inc is 0.17% of its portfolio.

Business Profile

PolarityTE, Inc., formerly Majesco Entertainment Company, is the owner of patent applications and know-how related to regenerative medicine and tissue engineering, as well as software applications used in diagnosis and treatment related to regenerative medicine. The Company seeks to develop and obtain regulatory approval for technology that will utilize a patient’s own tissue substrates for the regeneration of skin, bone, muscle, cartilage, fat, blood vessels and nerves. The Company’s PolarityTE platform simplifies regeneration and allows cells to function naturally. The platform can be applied across all cells, tissues and composite structures. The Company focuses on various products, including SkinTE, OsteoTE, AngioTE, MyoTE, CartTE, AdiposeTE and NeuralTE. The Company, through SkinTE, is focused on supplying an autologous construct to regenerate a patient’s skin due to a variety of injuries and conditions.

SEC Form 13D.

The stock increased 9.95% or $2.02 during the last trading session, reaching $22.32. About 480,516 shares traded or 300.71% up from the average. PolarityTE, Inc. (NASDAQ:COOL) has risen 140.86% since February 15, 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 $150.99 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 76.97% above currents $22.32 stock price. Majesco Entertainment had 3 analyst reports since August 18, 2015 according to SRatingsIntel. The rating was upgraded by Zacks to “Sell” on Tuesday, August 18. The firm earned “Buy” rating on Thursday, August 27 by Maxim Group. The stock has “Buy” rating by Cantor Fitzgerald on Wednesday, February 14.

More notable recent PolarityTE, Inc. (NASDAQ:COOL) news were published by: Marketwired.com which released: “PolarityTEâ„¢ Inc. Stockholders Approve Merger” on March 13, 2017, also Benzinga.com with their article: “Benzinga’s Top Upgrades, Downgrades For February 15, 2018” published on February 15, 2018, Seekingalpha.com published: “PolarityTE: A Comprehensive Look At The Bull Vs. Bear Cases” on October 25, 2017. More interesting news about PolarityTE, Inc. (NASDAQ:COOL) were released by: Marketwatch.com and their article: “PolarityTE Inc.” published on March 31, 2017 as well as Marketwired.com‘s news article titled: “PolarityTEâ„¢, Inc. Recruits Key Additions to Management” with publication date: April 18, 2017.

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