AudioEye (AEYE) Set to Announce Quarterly Earnings on Thursday

AudioEye (NASDAQ:AEYE - Get Free Report) is set to issue its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.14 per share for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.

AudioEye Trading Down 4.7 %

AEYE traded down $1.05 during trading hours on Thursday, reaching $21.30. The company's stock had a trading volume of 108,905 shares, compared to its average volume of 175,371. The stock has a market cap of $253.02 million, a PE ratio of -76.07, a P/E/G ratio of 6.18 and a beta of 1.00. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.16 and a quick ratio of 1.16. AudioEye has a fifty-two week low of $3.91 and a fifty-two week high of $29.30. The business's 50-day moving average is $22.90 and its 200-day moving average is $21.08.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. HC Wainwright boosted their price objective on shares of AudioEye from $23.00 to $28.00 and gave the stock a "buy" rating in a research report on Tuesday, October 1st. Craig Hallum upped their target price on AudioEye from $20.00 to $30.00 and gave the company a "buy" rating in a research note on Friday, July 26th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, AudioEye has a consensus rating of "Buy" and a consensus target price of $25.38.

About AudioEye

AudioEye, Inc provides patented, internet content publication, distribution software, and related services to Internet and other media to people regardless of their device, location, or disabilities in the United States. Its software and services enable conversion of digital content into accessible formats and allows for real time distribution to end users on any Internet connected device.