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Chyronhego Corp (NASDAQ:CHYR) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report issued on Tuesday. The firm currently has a $2.30 target price on the stock. Zacks‘s price target indicates a potential upside of 3.60% from the stock’s previous close.

Chyronhego Corp (NASDAQ:CHYR) traded up 10.24% during mid-day trading on Tuesday, hitting $2.4473. The stock had a trading volume of 108,341 shares. Chyronhego Corp has a 1-year low of $1.31 and a 1-year high of $3.12. The stock’s 50-day moving average is $1.99 and its 200-day moving average is $2.35. The company’s market cap is $87.0 million.

Chyronhego Corp (NASDAQ:CHYR) last posted its quarterly earnings results on Monday, August 11th. The company reported $0.02 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.01 by $0.01. On average, analysts predict that Chyronhego Corp will post $0.07 earnings per share for the current fiscal year.

ChyronHego Corporation, formerly Chyron Corporation, is a provider of graphics as a service for on-air and digital video applications including newsrooms, studios, sports broadcasting facilities, and corporate video environments.

To view Zacks’ full report, visit Zacks’ official website.

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