Abaxis (ABAX) Tops Q1 EPS by 3c

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Canaccord Genuity Downgrades Abaxis Inc. (ABAX) to Hold

July 24, 2015 6:44 AM EDT

Canaccord Genuity downgraded Abaxis Inc. (NASDAQ: ABAX) from Buy to Hold with a price target of $52.00 (from $62.00).

For an analyst ratings summary and ratings history on Abaxis Inc. click here. For more ratings news on Abaxis Inc. click here.

Shares of Abaxis Inc. closed at $55.66 yesterday.

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July 23, 2015 4:42 PM EDT

Abaxis (NASDAQ: ABAX) declared a quarterly dividend of $0.11 per share, or $0.44 annualized.

The dividend will be payable on September 17, 2015, to stockholders of record on September 3, 2015, with an ex-dividend date of September 1, 2015.

The annual yield on the dividend is 0.8 percent.

For a... More