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Calamos Asset Management (NASDAQ:CLMS) shares hit a new 52-week high on Tuesday , American Banking & Market News reports. The company traded as high as $13.74 and last traded at $13.68, with a volume of 32,844 shares changing hands. The stock had previously closed at $13.39.

CLMS has been the subject of a number of recent research reports. Analysts at TheStreet downgraded shares of Calamos Asset Management from a “buy” rating to a “hold” rating in a research note on Monday, April 28th. Separately, analysts at Zacks downgraded shares of Calamos Asset Management from an “outperform” rating to a “neutral” rating in a research note on Monday, April 7th. They now have a $14.50 price target on the stock.

The stock has a 50-day moving average of $12.92 and a 200-day moving average of $12.30. The company has a market cap of $280.2 million and a P/E ratio of 15.32.

Calamos Asset Management (NASDAQ:CLMS) last released its earnings data on Thursday, April 24th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.08. The company had revenue of $63.90 million for the quarter, compared to the consensus estimate of $64.99 million. During the same quarter in the previous year, the company posted $0.24 earnings per share. The company’s revenue for the quarter was down 10.0% on a year-over-year basis. On average, analysts predict that Calamos Asset Management will post $0.52 earnings per share for the current fiscal year.

Calamos Asset Management, Inc (NASDAQ:CLMS) is a holding company.

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