E2OPEN Inc. Reaches New 12-Month High at $26.70 (EOPN)
E2OPEN (NASDAQ:EOPN)’s share price reached a new 52-week high during trading hours on Wednesday, American Banking News.com reports. The company traded as high as $26.70 and last traded at $26.50, with a volume of 74,492 shares traded. The stock had previously closed at $25.06.
EOPN has been the subject of a number of recent research reports. Analysts at Northland Securities raised their price target on shares of E2OPEN to $27.00 in a research note to investors on Friday, January 10th. Separately, analysts at Canaccord Genuity raised their price target on shares of E2OPEN from $24.00 to $28.00 in a research note to investors on Friday, January 10th. They now have a “buy” rating on the stock. Finally, analysts at Janney Montgomery Scott initiated coverage on shares of E2OPEN in a research note to investors on Wednesday, December 11th. They set a “buy” rating on the stock. Six equities research analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average price target of $25.50.
E2OPEN has a 1-year low of $12.27 and a 1-year high of $26.70. The stock has a 50-day moving average of $23.25 and a 200-day moving average of $21.82. The company’s market cap is $696.6 million.
E2OPEN (NASDAQ:EOPN) last posted its quarterly earnings results on Thursday, January 9th. The company reported ($0.16) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.19) by $0.03. The company had revenue of $18.30 million for the quarter, compared to the consensus estimate of $18.41 million. During the same quarter last year, the company posted $0.04 earnings per share. E2OPEN’s revenue was down 3.1% compared to the same quarter last year. On average, analysts predict that E2OPEN will post $-0.54 earnings per share for the current fiscal year.
E2open, Inc is a provider of cloud-based, on-demand software solutions. The Company’s software applications allow network participants to input, access and share data and execute business processes across internal operating units and external entities.
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.