ROI Acquisition Corp (EVRY) Announces Quarterly Earnings Results, Misses Estimates By $0.64 EPS
ROI Acquisition Corp (NASDAQ:EVRY) posted its quarterly earnings results on Thursday. The company reported ($0.95) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.31) by $0.64, Stock Ratings News reports. The company had revenue of $98.20 million for the quarter, compared to the consensus estimate of $100.20 million.
Shares of ROI Acquisition Corp (NASDAQ:EVRY) traded up 9.43% on Thursday, hitting $2.32. The stock had a trading volume of 263,457 shares. ROI Acquisition Corp has a 52 week low of $0.67 and a 52 week high of $13.70. The stock has a 50-day moving average of $2.29 and a 200-day moving average of $3.54. The company’s market cap is $47.7 million.
On the ratings front, analysts at Telsey Advisory Group cut their price target on shares of ROI Acquisition Corp from $6.00 to $3.00 in a research note on Monday, May 19th. They now have a “not rated” rating on the stock.
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