AudioCodes (NASDAQ:AUDC - Get Free Report) is projected to release its earnings data before the market opens on Tuesday, February 4th. Analysts expect AudioCodes to post earnings of $0.22 per share and revenue of $61.84 million for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.
AudioCodes Trading Down 0.5 %
Shares of NASDAQ:AUDC traded down $0.05 during trading on Friday, reaching $10.15. The company's stock had a trading volume of 45,689 shares, compared to its average volume of 93,964. The stock has a market capitalization of $306.73 million, a PE ratio of 25.38 and a beta of 0.81. AudioCodes has a 12 month low of $7.70 and a 12 month high of $14.45. The firm's 50 day simple moving average is $9.77 and its two-hundred day simple moving average is $9.82.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on AUDC shares. Barclays cut their target price on AudioCodes from $10.00 to $9.00 and set an "underweight" rating on the stock in a research report on Thursday, November 7th. Needham & Company LLC reiterated a "buy" rating and set a $11.00 price objective on shares of AudioCodes in a research report on Tuesday, January 21st. Finally, StockNews.com lowered shares of AudioCodes from a "strong-buy" rating to a "buy" rating in a report on Tuesday.
Check Out Our Latest Analysis on AudioCodes
AudioCodes Company Profile
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AudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace worldwide. The company offers solutions, products, and services for unified communications, contact centers, hosted business services, Voice.AI, and service provider businesses. Its products include session border controllers, life cycle management solutions, VoIP network routing solutions, media gateways and servers, multi-service business routers, IP phones solutions, and value-added applications, as well as professional services.
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