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Cobra Electronics Corp (NASDAQ:COBR) was upgraded by investment analysts at Thomson Reuters/Verus from a “sell” rating to a “hold” rating in a note issued to investors on Monday, AmericanBankingNews.com reports.

Shares of Cobra Electronics Corp (NASDAQ:COBR) traded down 0.92% on Monday, hitting $3.10. The stock had a trading volume of 14,379 shares. Cobra Electronics Corp has a 52-week low of $2.46 and a 52-week high of $4.37. The stock has a 50-day moving average of $2.94 and a 200-day moving average of $2.83. The company’s market cap is $20.5 million.

Cobra Electronics Corp (NASDAQ:COBR) last issued its quarterly earnings data on Friday, November 8th. The company reported $0.06 EPS for the quarter. The company had revenue of $29.00 million for the quarter, compared to the consensus estimate of $27.70 million. On average, analysts predict that Cobra Electronics Corp will post $-0.15 earnings per share for the current fiscal year.

Cobra Electronics Corporation is a designer and marketer of two-way mobile communications and mobile navigation products in the United States, Canada and Europe.

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