ChannelAdvisor Corp (ECOM) Set to Announce Quarterly Earnings on Thursday
ChannelAdvisor Corp (NASDAQ:ECOM) is scheduled to announce its earnings results on Thursday, February 6th. Parties interested in listening to the company’s conference call can do so using this link.
Shares of ChannelAdvisor Corp (NASDAQ:ECOM) opened at 41.40 on Wednesday. ChannelAdvisor Corp has a 52 week low of $14.25 and a 52 week high of $49.75. The stock’s 50-day moving average is $43.39 and its 200-day moving average is $35.35. The company’s market cap is $938.6 million.
A number of analysts have recently weighed in on ECOM shares. Analysts at BMO Capital Markets initiated coverage on shares of ChannelAdvisor Corp in a research note to investors on Thursday, January 23rd. They set a “market perform” rating on the stock. On a related note, analysts at Deutsche Bank initiated coverage on shares of ChannelAdvisor Corp in a research note to investors on Wednesday, January 22nd. They set a “hold” rating and a $50.00 price target on the stock. Finally, analysts at Goldman Sachs Group Inc. downgraded shares of ChannelAdvisor Corp from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, January 14th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. ChannelAdvisor Corp currently has an average rating of “Buy” and a consensus price target of $41.80.
In other ChannelAdvisor Corp news, COO David J. Spitz sold 13,500 shares of ChannelAdvisor Corp stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $41.46, for a total value of $559,710.00. The sale was disclosed in a filing with the SEC, which is available at this link.
Channeladvisor Corporation is a provider of software-as-a-service, or SaaS, solutions that enables retailers and manufacturer customers to integrate, manage and optimize their merchandise sales across hundreds of online channels.
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