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Everspin Technologies (MRAM) Expected to Announce Quarterly Earnings on Wednesday

Everspin Technologies logo with Business Services background

Everspin Technologies (NASDAQ:MRAM - Get Free Report) is expected to release its earnings data after the market closes on Wednesday, February 26th. Analysts expect Everspin Technologies to post earnings of $0.06 per share and revenue of $12.50 million for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Everspin Technologies Stock Performance

Everspin Technologies stock traded down $0.22 during midday trading on Friday, reaching $5.93. 91,612 shares of the company's stock were exchanged, compared to its average volume of 79,682. The stock's 50-day simple moving average is $6.20 and its 200 day simple moving average is $5.99. The firm has a market cap of $130.28 million, a price-to-earnings ratio of 98.83 and a beta of 0.88. Everspin Technologies has a 52 week low of $4.89 and a 52 week high of $9.39.

Wall Street Analyst Weigh In

MRAM has been the subject of several research reports. StockNews.com upgraded shares of Everspin Technologies from a "hold" rating to a "buy" rating in a research report on Saturday, December 28th. Needham & Company LLC restated a "buy" rating and set a $8.00 price objective on shares of Everspin Technologies in a research report on Thursday, October 31st.

View Our Latest Research Report on MRAM

About Everspin Technologies

(Get Free Report)

Everspin Technologies, Inc engages in the manufacture and sale of magnetoresistive random access memory (MRAM) products in the United States, Japan, Hong Kong, Germany, Singapore, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products.

Further Reading

Earnings History for Everspin Technologies (NASDAQ:MRAM)

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