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Rosetta Stone (NYSE:RST) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report issued on Friday. They currently have a $8.50 price objective on the stock. Zacks‘s price target suggests a potential downside of 3.08% from the stock’s previous close.

Rosetta Stone (NYSE:RST) traded down 2.34% during mid-day trading on Friday, hitting $8.77. The stock had a trading volume of 147,089 shares. Rosetta Stone has a 52 week low of $8.51 and a 52 week high of $16.73. The stock has a 50-day moving average of $9.55 and a 200-day moving average of $10.59. The company’s market cap is $191.5 million.

Rosetta Stone (NYSE:RST) last announced its earnings results on Tuesday, August 5th. The company reported ($0.74) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by $0.56. The company had revenue of $57.31 million for the quarter, compared to the consensus estimate of $66.47 million. During the same quarter in the prior year, the company posted ($0.03) earnings per share. The company’s quarterly revenue was down 7.8% on a year-over-year basis. Analysts expect that Rosetta Stone will post $-1.24 EPS for the current fiscal year.

Rosetta Stone Inc, is a provider of technology-based language learning solutions. The Company develops , markets, and sells language-learning solutions consisting of software, online services, mobile applications and audio practice tools primarily under its Rosetta Stone brand.

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