RealD Inc. Hits New 52-Week Low at $6.19 (RLD)
Shares of RealD (NYSE:RLD) hit a new 52-week low during mid-day trading on Friday, AnalystRatingsNetwork.com reports. The stock traded as low as $6.19 and last traded at $6.27, with a volume of 295,096 shares trading hands. The stock had previously closed at $6.63.
RLD has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “sell” rating on shares of RealD (NYSE:RLD) in a research note to investors on Thursday, September 12th. They now have a $9.20 price target on the stock. Separately, analysts at B. Riley cut their price target on shares of RealD (NYSE:RLD) from $12.75 to $11.00 in a research note to investors on Thursday, September 12th. They now have a “buy” rating on the stock. Finally, analysts at Stifel Nicolaus downgraded shares of RealD (NYSE:RLD) from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, September 4th. They now have a $10.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. RealD currently has an average rating of “Hold” and a consensus price target of $11.44.
RealD has a 1-year low of $6.58 and a 1-year high of $16.05. The stock has a 50-day moving average of $7.74 and a 200-day moving average of $12.11. The company’s market cap is $317.5 million.
RealD (NYSE:RLD) last released its earnings data on Wednesday, August 7th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.01. The company had revenue of $59.20 million for the quarter, compared to the consensus estimate of $57.68 million. During the same quarter in the previous year, the company posted $0.05 earnings per share. The company’s revenue for the quarter was down 13.2% on a year-over-year basis. Analysts expect that RealD will post $-0.52 EPS for the current fiscal year.
RealD Inc is a licensor of three dimensional (NYSE:RLD) technologies.
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.