Public Employees Retirement System of Ohio Takes $77,000 Position in Kamada Ltd. (NASDAQ:KMDA)

Public Employees Retirement System of Ohio acquired a new position in shares of Kamada Ltd. (NASDAQ:KMDA) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 14,270 shares of the biotechnology company’s stock, valued at approximately $77,000.

Separately, Plato Investment Management Ltd bought a new stake in shares of Kamada during the 3rd quarter valued at approximately $117,000. 20.38% of the stock is owned by hedge funds and other institutional investors.

Kamada Stock Performance

Shares of NASDAQ:KMDA opened at $5.90 on Monday. The company has a market capitalization of $339.13 million, a P/E ratio of 21.07 and a beta of 0.99. Kamada Ltd. has a fifty-two week low of $4.74 and a fifty-two week high of $6.53. The company’s 50-day moving average is $5.78 and its 200 day moving average is $5.55.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. StockNews.com downgraded Kamada from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 27th. HC Wainwright reissued a “buy” rating and issued a $11.00 price target on shares of Kamada in a research note on Thursday, November 14th.

Kamada Company Profile

Kamada Ltd. manufactures and sells plasma-derived protein therapeutics. Its commercial products include KAMRAB/KEDRAB for treating prophylaxis of rabies; CYTOGAM for Prophylaxis of Cytomegalovirus disease in kidney, lung, liver, pancreas, heart, and heart/lung transplants; VARIZIG for post exposure prophylaxis of varicella; WINRHO SDF for immune thrombocytopenic purpura and suppression of rhesus isoimmunization; HEPAGAM B for prevention of hepatitis B recurrence liver transplants and post-exposure prophylaxis; GLASSIA for intravenous AATD; KAMRHO (D) IM for prophylaxis of hemolytic disease of newborns; KAMRHO (D) IV for immune thermobocytopunic purpura; and Echis coloratus and Vipera palaestinae Antiserum for the treatment of snake bite.