Digital Generation Inc Sets New 1-Year High at $14.09 (DGIT)
Digital Generation (NASDAQ:DGIT)’s share price reached a new 52-week high on Wednesday, Analyst Ratings Network.com reports. The company traded as high as $14.09 and last traded at $14.00, with a volume of 151,020 shares traded. The stock had previously closed at $13.83.
Separately, analysts at Roth Capital initiated coverage on shares of Digital Generation in a research note to investors on Friday, December 20th. They set a “buy” rating on the stock. Four investment analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus target price of $14.83.
Digital Generation has a one year low of $5.78 and a one year high of $14.09. The stock’s 50-day moving average is $12.66 and its 200-day moving average is $11.71. The company’s market cap is $386.5 million.
Digital Generation (NASDAQ:DGIT) last announced its earnings results on Wednesday, November 6th. The company reported ($0.03) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.07) by $0.04. The company had revenue of $90.10 million for the quarter, compared to the consensus estimate of $93.78 million. During the same quarter in the prior year, the company posted ($7.96) earnings per share. The company’s quarterly revenue was down 3.9% on a year-over-year basis. On average, analysts predict that Digital Generation will post $0.03 earnings per share for the current fiscal year.
Digital Generation, Inc (NASDAQ:DGIT) is an ad management and distribution platform.
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.