Inseego (NASDAQ:INSG - Get Free Report) is expected to be releasing its earnings data after the market closes on Wednesday, February 19th. Analysts expect Inseego to post earnings of $0.02 per share and revenue of $45.56 million for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.
Inseego Price Performance
Shares of INSG traded down $0.21 on Friday, hitting $12.91. The company's stock had a trading volume of 65,662 shares, compared to its average volume of 99,195. The company has a market capitalization of $193.13 million, a PE ratio of -7.17 and a beta of 1.50. Inseego has a fifty-two week low of $2.08 and a fifty-two week high of $20.67. The company has a 50 day moving average price of $11.44 and a 200 day moving average price of $13.74.
Analyst Ratings Changes
A number of equities analysts have commented on the company. Roth Capital raised Inseego from a "hold" rating to a "strong-buy" rating in a research note on Thursday, November 14th. TD Cowen decreased their price objective on Inseego from $20.00 to $16.00 and set a "hold" rating on the stock in a research report on Friday, November 15th. Roth Mkm raised Inseego from a "neutral" rating to a "buy" rating and upped their price target for the company from $13.00 to $15.00 in a research note on Thursday, November 14th. Finally, Stifel Nicolaus lowered their price objective on Inseego from $17.00 to $12.00 and set a "hold" rating for the company in a research report on Friday, December 20th.
Check Out Our Latest Research Report on Inseego
Inseego Company Profile
(
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Inseego Corp. engages in the design and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions for businesses, consumers, and governments worldwide. The company provides 5G and 4G mobile broadband solutions, such as mobile hotspots under the MiFi brand; and 4G VoLTE products and 4G USB modems.
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