Everspin Technologies (NASDAQ:MRAM - Get Free Report) will be posting its quarterly earnings results after the market closes on Wednesday, October 30th. Everspin Technologies has set its Q3 2024 guidance at -0.100--0.050 EPS.Individual interested in participating in the company's earnings conference call can do so using this link.
Everspin Technologies (NASDAQ:MRAM - Get Free Report) last released its quarterly earnings data on Wednesday, July 31st. The business services provider reported ($0.12) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.12). Everspin Technologies had a net margin of 2.92% and a return on equity of 3.16%. The company had revenue of $10.64 million during the quarter.
Everspin Technologies Trading Up 0.7 %
MRAM traded up $0.04 during trading on Wednesday, hitting $6.07. 76,198 shares of the company's stock were exchanged, compared to its average volume of 120,107. Everspin Technologies has a 1 year low of $4.89 and a 1 year high of $10.28. The stock has a 50 day moving average price of $5.74 and a 200 day moving average price of $6.14. The firm has a market cap of $130.63 million, a P/E ratio of 16.41 and a beta of 0.91.
Analyst Upgrades and Downgrades
MRAM has been the topic of a number of recent research reports. StockNews.com cut shares of Everspin Technologies from a "buy" rating to a "hold" rating in a research report on Thursday, July 25th. Needham & Company LLC reissued a "buy" rating and set a $8.00 target price on shares of Everspin Technologies in a research report on Thursday, August 1st.
Get Our Latest Stock Report on MRAM
Insider Transactions at Everspin Technologies
In other news, CEO Sanjeev Aggarwal sold 17,523 shares of the business's stock in a transaction on Wednesday, October 2nd. The shares were sold at an average price of $5.54, for a total transaction of $97,077.42. Following the transaction, the chief executive officer now directly owns 440,215 shares of the company's stock, valued at approximately $2,438,791.10. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last three months, insiders have sold 25,347 shares of company stock valued at $139,635. Corporate insiders own 6.10% of the company's stock.
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.
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