Canaccord Genuity Reiterates Buy Rating for RDM Corp (RC)
RDM Corp (TSE:RC)‘s stock had its “buy” rating reaffirmed by Canaccord Genuity in a research note issued to investors on Tuesday. They currently have a C$5.50 target price on the stock. Canaccord Genuity’s price objective points to a potential upside of 26.44% from the stock’s current price.
RDM Corp (TSE:RC) traded down 1.14% on Tuesday, hitting $4.35. The company had a trading volume of 36,920 shares. RDM Corp has a one year low of $3.65 and a one year high of $4.75. The stock’s 50-day moving average price is $4.41 and its 200 day moving average price is $4.36. The company has a market capitalization of $98.26 million and a P/E ratio of 22.19.
About RDM Corp
RDM Corporation is a Canada-based provider of specialized software and hardware products for electronic payment processing. The Company operates in the segment of provision of solutions for electronic payment processing. It provides remote check deposit (RDC) solutions and Web-based image management and transaction processing services for financial institutions, retailers, payment processors and government agencies, as well as print quality control and image quality systems for a range of global customers.
Receive News & Ratings for RDM Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RDM Corp and related companies with MarketBeat.com's FREE daily email newsletter.