CAlAmp Corp. Reaches New 12-Month High at $18.26 (CAMP)
CAlAmp Corp. (NASDAQ:CAMP)’s share price reached a new 52-week high on Tuesday, Analyst Ratings Network.com reports. The company traded as high as $18.26 and last traded at $18.16, with a volume of 440,214 shares traded. The stock had previously closed at $17.61.
A number of research firms have recently commented on CAMP. Analysts at Northland Securities raised their price target on shares of CAlAmp Corp. (NASDAQ:CAMP) from $15.25 to $19.00 in a research note to investors on Thursday, August 8th. They now have a “positive” rating on the stock. Analysts at Northland Capital Partners raised their price target on shares of CAlAmp Corp. (NASDAQ:CAMP) from $15.25 to $19.00 in a research note to investors on Thursday, August 8th. They now have an “outperform” rating on the stock. Five analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and a consensus target price of $18.00.
In other CAlAmp Corp. news, CFO Richard Vitelle unloaded 10,000 shares of CAlAmp Corp. stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $17.20, for a total transaction of $172,000.00. Following the sale, the chief financial officer now directly owns 322,516 shares in the company, valued at approximately $5,547,275. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
CAlAmp Corp. has a 52-week low of $7.65 and a 52-week high of $17.88. The stock’s 50-day moving average is $16. and its 200-day moving average is $13.75. The company has a market cap of $629.1 million and a price-to-earnings ratio of 13.13.
CalAmp Corp. (NASDAQ:CAMP) develops and markets wireless technology solutions that deliver data, voice and video for critical networked communications and other applications.
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