Emerald (NYSE:EEX - Get Free Report)'s stock had its "buy" rating restated by research analysts at Rosenblatt Securities in a report issued on Thursday,Benzinga reports. They presently have a $7.80 price target on the stock. Rosenblatt Securities' price target points to a potential upside of 112.24% from the company's previous close.
Emerald Stock Down 1.2 %
Shares of EEX opened at $3.68 on Thursday. Emerald has a 12-month low of $3.65 and a 12-month high of $7.05. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $745.97 million, a PE ratio of -6.81 and a beta of 1.31. The business's 50 day moving average is $4.43 and its 200 day moving average is $4.67.
Institutional Trading of Emerald
Several institutional investors have recently added to or reduced their stakes in the company. Copeland Capital Management LLC bought a new position in Emerald in the 4th quarter valued at $57,000. Two Sigma Securities LLC purchased a new position in Emerald in the 4th quarter worth about $62,000. Virtu Financial LLC bought a new stake in Emerald during the 3rd quarter valued at about $67,000. XTX Topco Ltd purchased a new stake in Emerald in the 4th quarter valued at about $69,000. Finally, ExodusPoint Capital Management LP bought a new position in Emerald in the 4th quarter worth about $72,000. Institutional investors own 14.90% of the company's stock.
About Emerald
(
Get Free Report)
Emerald Holding, Inc operates business-to-business (B2B) trade shows in the United States. The company provides B2B trade show franchises; and B2B print publications and digital media products, which provide industry specific business news and information across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite and Bulletin platforms.
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