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Telsey Advisory Group dropped their price target on shares of ROI Acquisition Corp (NASDAQ:EVRY) from $6.00 to $3.00 in a research note issued on Monday. The firm currently has a “not rated” rating on the stock. Telsey Advisory Group’s target price would indicate a potential upside of 219.49% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of ROI Acquisition Corp from a “neutral” rating to an “underperform” rating in a research note on Friday. They now have a $1.30 price target on the stock. Analysts at Oppenheimer downgraded shares of ROI Acquisition Corp from an “outperform” rating to a “market perform” rating in a research note on Tuesday, February 25th.

ROI Acquisition Corp (NASDAQ:EVRY) traded down 9.48% on Monday, hitting $0.85. The stock had a trading volume of 129,733 shares. ROI Acquisition Corp has a 52 week low of $0.67 and a 52 week high of $13.74. The stock’s 50-day moving average is $3.07 and its 200-day moving average is $6.31. The company’s market cap is $18.8 million. ROI Acquisition Corp also was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totalling 1,230,619 shares, a growth of 28.6% from the April 15th total of 956,637 shares. Approximately 14.3% of the company’s stock are short sold. Based on an average daily volume of 95,190 shares, the short-interest ratio is currently 12.9 days.

ROI Acquisition Corp (NASDAQ:EVRY) last issued its quarterly earnings data on Thursday, May 15th. The company reported ($0.84) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.14) by $0.70. On average, analysts predict that ROI Acquisition Corp will post $0.15 earnings per share for the current fiscal year.

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