AudioEye (AEYE) Projected to Post Earnings on Wednesday

AudioEye (NASDAQ:AEYE) will likely be releasing its earnings data after the market closes on Wednesday, March 12th. Analysts expect AudioEye to post earnings of $0.01 per share and revenue of $9.73 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

AudioEye Stock Up 6.1 %

NASDAQ AEYE opened at $12.61 on Monday. The stock’s 50-day moving average price is $16.28 and its 200-day moving average price is $20.56. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.92. AudioEye has a 52 week low of $7.88 and a 52 week high of $34.85. The company has a market capitalization of $153.56 million, a P/E ratio of -46.70, a price-to-earnings-growth ratio of 2.03 and a beta of 1.11.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $25.00 price objective on shares of AudioEye in a research note on Tuesday, January 21st. HC Wainwright raised their price objective on AudioEye from $28.00 to $37.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $29.10.

AudioEye Company Profile

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.