Geode Capital Management LLC Buys 321,395 Shares of Zomedica Corp. (NYSEAMERICAN:ZOM)

Geode Capital Management LLC raised its stake in Zomedica Corp. (NYSEAMERICAN:ZOM) by 3.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,929,716 shares of the company’s stock after buying an additional 321,395 shares during the period. Geode Capital Management LLC’s holdings in Zomedica were worth $1,363,000 at the end of the most recent quarter.

Separately, Jane Street Group LLC purchased a new stake in Zomedica in the 3rd quarter worth approximately $25,000. Hedge funds and other institutional investors own 8.95% of the company’s stock.

Zomedica Stock Down 2.2 %

Shares of Zomedica stock opened at $0.14 on Friday. Zomedica Corp. has a 12 month low of $0.12 and a 12 month high of $0.20. The firm has a market cap of $135.43 million, a price-to-earnings ratio of -2.30 and a beta of 1.04.

Analyst Ratings Changes

Separately, Noble Financial raised Zomedica to a “strong-buy” rating in a research note on Monday, November 11th.

Zomedica Profile

Zomedica Corp., a veterinary health company, focuses on the unmet needs of clinical veterinarians by developing products for companion animals. The company offers diagnostic products comprising TRUFORMA Bulk Acoustic Wave point of care diagnostic platform; TRUVIEW, a digital cystoscopy platform that offers automated slide preparation within the instrument; and VetGuardian, a zero-touch vital signs remote monitoring system.