Exa Corp Hits New 52-Week High at $15.89 (EXA)
Exa Corp (NYSE:EXA)’s share price reached a new 52-week high during trading hours on Wednesday, American Banking News reports. The company traded as high as $15.89 and last traded at $15.70, with a volume of 27,345 shares traded. The stock had previously closed at $14.45.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Exa Corp (NYSE:EXA) from a “neutral” rating to an “underperform” rating in a research note to investors on Friday, September 6th. They now have a $13.10 price target on the stock. Analysts at Canaccord Genuity raised their price target on shares of Exa Corp (NYSE:EXA) from $11.00 to $14.50 in a research note to investors on Thursday, September 5th. They now have a “buy” rating on the stock.
One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. Exa Corp currently has a consensus rating of “Hold” and an average price target of $13.28.
In other Exa Corp news, Director John William Sr Poduska, Sr. acquired 6,170 shares of Exa Corp stock in a transaction that occurred on Friday, September 13th. The stock was purchased at an average cost of $13.96 per share, with a total value of $86,133.20. Following the completion of the purchase, the director now directly owns 31,009 shares of the company’s stock. The transaction was disclosed in a filing with the SEC, which is available at this link.
Exa Corp has a 52 week low of $6.88 and a 52 week high of $14.97. The stock’s 50-day moving average is $12.7 and its 200-day moving average is $10.05. The company’s market cap is $208.3 million.
Exa Corp (NYSE:EXA) last released its earnings data on Wednesday, September 4th. The company reported ($0.04) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.04). The company had revenue of $12.70 million for the quarter, compared to the consensus estimate of $13.08 million. During the same quarter in the previous year, the company posted $0.10 earnings per share. The company’s revenue for the quarter was up 7.6% on a year-over-year basis. Analysts expect that Exa Corp will post $0.05 EPS for the current fiscal year.
Exa Corporation (NYSE:EXA) is engaged in developing, selling and supporting simulation software and services that vehicle manufacturer’s use.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.